Black Hills: Q4 Earnings Snapshot

Associated Press Finance
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RAPID CITY, S.D. (AP) — RAPID CITY, S.D. (AP) — Black Hills Corp. (BKH) on Wednesday reported fourth-quarter net income of $79.6 million.

On a per-share basis, the Rapid City, South Dakota-based company said it had net income of $1.17.

The energy company posted revenue of $591.7 million in the period.

For the year, the company reported profit of $262.2 million, or $3.91 per share. Revenue was reported as $2.33 billion.

Black Hills expects full-year earnings to be $3.80 to $4 per share.

Black Hills shares have fallen 8% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $49.62, a fall of 30% in the last 12 months.

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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

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