---
schema_version: "secwatch.filing_event.v1"
accession: "0001130464-22-000010"
form_type: "8-K"
ticker: "BKH"
cik: "0001130464"
company_name: "BLACK HILLS CORP /SD/"
filed_at: "2022-05-04T23:59:59+00:00"
generated_at: "2026-06-26T00:24:57.307820+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Black Hills Q1 EPS $1.82 (+18% YoY); reaffirms 2022 guidance; $41M jury verdict

## Summary
- Net income $117.5M ($1.82 EPS) vs $96.3M ($1.54 EPS) in Q1 2021; adjusted EPS up 8% excluding Winter Storm Uri.
- Reaffirmed 2022 EPS guidance range of $3.95-$4.15; capital investment target of $611M.
- Jury verdict of $41M against Black Hills and former subsidiaries in Costa Rica concession dispute; company plans to appeal.
- Quarterly dividend of $0.595 per share (unchanged), payable June 1 to holders of record May 18.
- Regulatory wins: Colorado electric/gas and Kansas gas cost recovery for Winter Storm Uri; Arkansas gas rate case filed.

## SEC filing metadata
- accession: 0001130464-22-000010
- form_type: 8-K
- ticker: BKH
- cik: 0001130464
- company_name: BLACK HILLS CORP /SD/
- filed_at: 2022-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1130464/000113046422000010/0001130464-22-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1130464/000113046422000010/bkh-20220504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001130464-22-000010
- JSON: https://secwatch.observer/filing/0001130464-22-000010.json
- Plain text: https://secwatch.observer/filing/0001130464-22-000010.txt

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