---
schema_version: "secwatch.filing_event.v1"
accession: "0001130464-22-000002"
form_type: "8-K"
ticker: "BKH"
cik: "0001130464"
company_name: "BLACK HILLS CORP /SD/"
filed_at: "2022-02-09T23:59:59+00:00"
generated_at: "2026-06-27T09:29:59.488711+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Black Hills Q4 EPS down 10% to $1.11 on warm weather; reaffirms FY2022 guidance $3.95-$4.15

## Summary
- Q4 GAAP EPS $1.11 vs $1.23 YoY; net income $71.2M vs $77.2M. Full-year EPS $3.74 vs $3.65.
- Record warm weather reduced Q4 EPS by $0.16; heating degree days 21% below normal.
- Reaffirms 2022 EPS guidance $3.95-$4.15; extends 5-7% EPS growth target through 2026.
- Plans $3.2B capex over 5 years; issued $600M senior notes in Aug 2021.
- Declared Q1 dividend $0.595/share (unchanged); regulatory progress includes rate reviews in CO, IA, KS.

## SEC filing metadata
- accession: 0001130464-22-000002
- form_type: 8-K
- ticker: BKH
- cik: 0001130464
- company_name: BLACK HILLS CORP /SD/
- filed_at: 2022-02-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1130464/000113046422000002/0001130464-22-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1130464/000113046422000002/bkh-20220209.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001130464-22-000002
- JSON: https://secwatch.observer/filing/0001130464-22-000002.json
- Plain text: https://secwatch.observer/filing/0001130464-22-000002.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.