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AI brief of an SEC Form 8-K · Black Hills (BKH)

Black Hills Q3 EPS falls to $0.35 from $0.67; 2024 earnings guidance reaffirmed

Negative Impact 3 of 5 earnings Written later

Black Hills Corp. reported third-quarter 2024 net income available for common stock of $24.4 million, down from $45.4 million a year earlier, and diluted EPS of $0.35 versus $0.67. Revenue was $401.6 million compared with $407.1 million, and the company reaffirmed its 2024 EPS guidance of $3.80 to $4.00 per share, which it says it is on track to achieve.

Key points

  • Q3 2024 diluted EPS was $0.35, versus $0.67 in Q3 2023; net income available for common stock was $24.4 million versus $45.4 million.
  • Q3 2024 revenue was $401.6 million, versus $407.1 million; nine-month diluted EPS was $2.52, versus $2.74.
  • 2024 EPS guidance of $3.80 to $4.00 was reaffirmed, with the company citing higher operating expenses, unplanned generation outages and higher interest expense as pressures on earnings.
  • Black Hills completed its planned 2024 equity issuance, raising $182 million year to date, and ended the quarter at its 55% debt long-term capitalization target.

The filing

CompanyBlack Hills (BKH)
Form8-K, current report
Filed with the SECNov 6, 2024, 4:22 PM ET
Accession number0000950170-24-122363

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 06, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.