November 11, 2019

Black Hills reports 3Q earnings - Daily Leader Extra : Business

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Black Hills reports 3Q earnings

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Posted: Tuesday, November 5, 2019 3:54 pm

RAPID CITY (AP) -- Black Hills Corp. (BKH) on Monday reported third-quarter net income of $11.7 million.

The Rapid City, South Dakota-based company said it had net income of 19 cents per share. Earnings, adjusted for asset impairment costs, came to 44 cents per share.

The energy company posted revenue of $325.5 million in the period.

Black Hills expects full-year earnings in the range of $3.45 to $3.55 per share.

Black Hills shares have climbed 24% since the beginning of the year. In the final minutes of trading on Monday, shares hit $77.84, a climb of 29% in the last 12 months.

© 2019 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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