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

Black Hills Q3 adjusted EPS rises to $0.45 from $0.35; 2025 guidance reaffirmed

Positive Impact 3 of 5 earnings Written later

Black Hills Corp. reported third-quarter 2025 revenue of $430.2 million, up from $401.6 million a year earlier, and adjusted EPS of $0.45 versus $0.35. GAAP EPS was $0.34 versus $0.35, reflecting $0.10 per share of merger-related costs tied to the proposed NorthWestern Energy merger. The company reaffirmed its 2025 adjusted EPS guidance of $4.00 to $4.20 per share.

Key points

  • Q3 2025 revenue was $430.2 million versus $401.6 million in Q3 2024.
  • Q3 adjusted EPS was $0.45 versus $0.35; GAAP EPS was $0.34 versus $0.35.
  • Merger-related costs were $0.10 per share in Q3 and $0.11 per share year to date.
  • 2025 adjusted EPS guidance of $4.00 to $4.20 was reaffirmed, the same as the prior GAAP guidance.

The filing

CompanyBlack Hills (BKH)
Form8-K, current report
Filed with the SECNov 5, 2025, 4:48 PM ET
Accession number0001193125-25-267138

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 05, 2025.

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.