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Black Hills: 1Q Earnings Snapshot

RAPID CITY, S.D. (AP) _ Black Hills Corp. (BKH) on Monday reported first-quarter earnings of $93.2 million.

On a per-share basis, the Rapid City, South Dakota-based company said it had net income of $1.51. Earnings, adjusted for asset impairment costs, were $1.59 per share.

The energy company posted revenue of $537.1 million in the period.

Black Hills expects full-year earnings in the range of $3.45 to $3.65 per share.

Black Hills shares have dropped 24% since the beginning of the year. In the final minutes of trading on Monday, shares hit $59.92, a decline of 17% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BKH at https://www.zacks.com/ap/BKH