secwatch.observer — SEC 8-K summary
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Issuer:     BLACK HILLS CORP /SD/ (BKH)
CIK:        0001130464
Form:       8-K
Filed at:   2026-02-04T23:59:59+00:00
Accession:  0001193125-26-037663
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Black Hills Corp FY2025 GAAP EPS $3.98; 2026 adj. EPS guidance $4.25-$4.45
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- Full-year 2025 GAAP EPS of $3.98, adjusted EPS of $4.10 (at midpoint of guidance).
- Q4 2025 GAAP EPS $1.39 vs $1.37 YoY; adjusted EPS $1.41 vs $1.37.
- Initiated 2026 adjusted EPS guidance $4.25-$4.45, ~6% growth over 2025.
- Data center pipeline exceeds 3 GW; 600 MW included in five-year capital plan.
- Recorded $0.12/share merger costs in 2025 for pending NorthWestern Energy combination.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1130464/000119312526037663/0001193125-26-037663-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1130464/000119312526037663/bkh-20260204.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-037663

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer