Black Hills Corp reports results for the quarter ended in September 30 - Earnings Summary

• Black Hills Corp BKH.N reported quarterly adjusted earnings of 35 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 67 cents. The mean expectation of five analysts for the quarter was for earnings of 48 cents per share. Wall Street expected results to range from 39 cents to 58 cents per share.

• Revenue fell 1.4% to $401.60 million from a year ago; analysts expected $446.19 million.

• Black Hills Corp's reported EPS for the quarter was 35 cents​.

• Black Hills Corp shares had fallen by 1.2% this quarter and gained 11.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 14.7% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 4 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the multiline utilities peer group is also "hold"

Wall Street's median 12-month price target for Black Hills Corp is 63.00

This summary was machine generated from LSEG data November 7 at 08:43 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)