earnings
confidence high
sentiment neutral
materiality 0.65
Black Hills reports Q1 EPS $1.73, reaffirms FY26 guidance, updates on merger and data center
BLACK HILLS CORP /SD/
2026-Q1 EPS reported
$1.73
revenue$780,700,000
- GAAP EPS $1.73, adjusted EPS $1.79; net income $131.0M vs $134.3M YoY.
- Reaffirms 2026 adjusted EPS guidance $4.25-$4.45, excluding merger costs.
- Shareholder approval of all merger proposals with NorthWestern Energy; settlements reached in MT, SD, NE.
- Executed agreement to reserve generation equipment for 1.8 GW data center project in Wyoming.
- South Dakota enacted wildfire legislation protecting utilities following mitigation plans.