Black Hills Corp Announces 3% Fall In Q4 Bottom Line

(RTTNews) - Black Hills Corp (BKH) revealed a profit for fourth quarter that retreated from last year.

The company said its earnings declined to $33.5 million, or $0.71 per share. This was lower than $34.5 million, or $0.77 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.67 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 15.8% to $318.3 million. This was down from $378.1 million last year.

Black Hills Corp earnings at a glance:

-Earnings (Q4): $33.5 Mln. vs. $34.5 Mln. last year. -Earnings Decline (Y-o-Y): -2.9% -EPS (Q4): $0.71 vs. $0.77 last year. -EPS Decline (Y-o-Y): -7.8% -Analysts Estimate: $0.67 -Revenue (Q4): $318.3 Mln vs. $378.1 Mln last year. -Revenue Change (Y-o-Y): -15.8%

-Guidance: Full year EPS guidance: $2.40 - $2.60