Black Hills 2025 adjusted EPS rises 5%

Reuters02-05
Black Hills 2025 adjusted EPS rises 5%

Overview

  • Utility company's full-year 2025 adjusted EPS rose 5% to $4.10

  • Company initiates 2026 adjusted EPS guidance, reflecting 6% growth over 2025

  • Company plans $4.7 bln capital investment from 2026 through 2030

Outlook

  • Black Hills initiates 2026 adjusted EPS guidance of $4.25 to $4.45

  • Company plans to invest $4.7 bln in capital from 2026 to 2030

  • Black Hills targets upper half of 4% to 6% long-term EPS growth

Result Drivers

  • RATE INCREASES - New rates and rider recovery contributed $0.95 per share, offsetting higher operating expenses and costs

  • READY WYOMING PROJECT - Completion of 260-mile electric transmission expansion project supports cost stability and growth

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 EPS

$1.39

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

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

  • Wall Street's median 12-month price target for Black Hills Corp is $79.00, about 6.7% above its February 3 closing price of $74.04

  • The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 15 three months ago

Press Release: ID:nGNX7Wg5Vl

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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