Black Hills Corp Reports 8% Rise In Q2 Bottom Line

(RTTNews) - Black Hills Corp (BKH) reported earnings for its second quarter that rose compared to the same period last year.

The company said its bottom line rose to $22.5 million, or $0.41 per share. This was higher than $20.9 million, or $0.39 per share, in last year's second quarter.

Analysts had expected the company to earn $0.50 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 6.9% to $348.0 million. This was up from $325.4 million last year.

Black Hills Corp earnings at a glance:

-Earnings (Q2): $22.5 Mln. vs. $20.9 Mln. last year. -Earnings Growth (Y-o-Y): 7.7% -EPS (Q2): $0.41 vs. $0.39 last year. -EPS Growth (Y-o-Y): 5.1% -Analysts Estimate: $0.50 -Revenue (Q2): $348.0 Mln vs. $325.4 Mln last year. -Revenue Change (Y-o-Y): 6.9%

-Guidance: Full year EPS guidance: $3.45 to $3.60