earnings
confidence high
sentiment neutral
materiality 0.60
Black Hills Q2 net income $33.4M ($0.52 EPS), reaffirms FY2022 guidance $3.95-$4.15
BLACK HILLS CORP /SD/
2022-Q2 EPS reported
$2.33
revenue$1,297,765,000
- Net income $33.4M ($0.52 diluted EPS) vs $25.2M ($0.40) in Q2 2021, up 32%.
- Reaffirms 2022 EPS guidance $3.95-$4.15; capital investment plan $611M; equity issuance $100-120M.
- Declares quarterly dividend $0.595/share, payable Sept 1, 2022 to holders of record Aug 18.
- First Wyoming blockchain tariff customer signed for up to 45 MW electric service, expected operational Q4 2022.
- Q2 results include one-time $0.12 EPS benefit from Winter Storm Uri carrying cost true-up.