Black Hills Corp Profit Climbs 7% In Q3

(RTTNews) - Black Hills Corp (BKH) revealed earnings for its third quarter that advanced compared to the same period last year.

The company said its bottom line rose to $27.9 million, or $0.50 per share. This was higher than $26.0 million, or $0.48 per share, in last year's third quarter.

Analysts had expected the company to earn $0.55 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 2.5% to $342.1 million. This was up from $333.8 million last year.

Black Hills Corp earnings at a glance:

-Earnings (Q3): $27.9 Mln. vs. $26.0 Mln. last year. -Earnings Growth (Y-o-Y): 7.3% -EPS (Q3): $0.50 vs. $0.48 last year. -EPS Growth (Y-o-Y): 4.2% -Analysts Estimate: $0.55 -Revenue (Q3): $342.1 Mln vs. $333.8 Mln last year. -Revenue Change (Y-o-Y): 2.5%

-Guidance: Full year EPS guidance: $3.30 to $3.40