Earnings ·
Black Hills reports Q3 adjusted EPS of $0.57, raises dividend to $0.703 per share
BKHBlack Hills Corp
Black Hills Corporation reported third-quarter net income available for common stock of $41.0 million, or diluted earnings per share of $0.54, compared to $24.9 million and $0.34 in the prior-year period. Adjusted EPS was $0.57, up from $0.45, driven by new rate recoveries and weather favorability that offset higher operating expenses. The company reaffirmed its 2026 adjusted earnings guidance of $4.25 to $4.45 per share and announced a quarterly dividend increase to $0.703 per share, payable December 1, 2026. Additionally, Black Hills secured regulatory approvals for rate settlements in South Dakota and Arkansas, signed definitive agreements with Google to serve a planned data center, and advanced its pending all-stock merger with NorthWestern Energy.