Black Hills Corp Profit Rises In Q4, Beats Estimates

Black Hills Corp (BKH) revealed earnings for its fourth quarter that increased from the same period last year and beat the Street estimates.

The company's earnings totaled $98.1 million, or $1.37 per share. This compares with $79.6 million, or $1.17 per share, last year.

Analysts on average had expected the company to earn $1.34 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 0.9% to $597.1 million from $591.7 million last year.

Black Hills Corp earnings at a glance (GAAP) :

-Earnings: $98.1 Mln. vs. $79.6 Mln. last year.
-EPS: $1.37 vs. $1.17 last year.
-Revenue: $597.1 Mln vs. $591.7 Mln last year.

by RTTNews Staff Writer

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