Black Hills Q2 GAAP EPS $0.50 vs $0.38 YoY; reaffirms FY2026 adjusted EPS $4.25-$4.45

BLACK HILLS CORP /SD/

Q2 net income $38.2M ($0.50 diluted EPS) vs $27.5M ($0.38) a year ago; adjusted EPS $0.54.
Reaffirmed 2026 adjusted EPS guidance of $4.25-$4.45, excluding merger-related costs.
Progressing toward definitive agreements for a 1.8 GW data center project in Wyoming.
On track to close merger with NorthWestern Energy; final condition is Montana approval.
Completed regulatory requirements for new wildfire liability protections in SD and WY.

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