01.02.2017 22:44:16

Black Hills Corp Bottom Line Advances 74% In Q4

(RTTNews) - Black Hills Corp (BKH) revealed a profit for its fourth quarter that gained ground compared to the same period last year.

The company said its bottom line climbed to $58.2 million, or $1.07 per share. This was up from $33.5 million, or $0.71 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.99 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 45.7% to $463.8 million. This was up from $318.3 million last year.

Black Hills Corp earnings at a glance:

-Earnings (Q4): $58.2 Mln. vs. $33.5 Mln. last year. -Earnings Growth (Y-o-Y): 73.7% -EPS (Q4): $1.07 vs. $0.71 last year. -EPS Growth (Y-o-Y): 50.7% -Analysts Estimate: $0.99 -Revenue (Q4): $463.8 Mln vs. $318.3 Mln last year. -Revenue Change (Y-o-Y): 45.7%

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