Black Hills Corp. reported $24.4M net income for Q3 2024, reaffirming its earnings guidance of $3.80-$4.00.

Black Hills Corp. reported a net income of $24.4 million and earnings per share of 35 cents for Q3 2024, driven by customer growth and new rates, despite rising operating costs. The company reaffirmed its 2024 earnings guidance of $3.80 to $4.00 per share. CEO Linn Evans emphasized progress on strategic initiatives, including the Ready Wyoming transmission project and investments in renewable energy and data center services. Shares increased by 12% this year.

November 06, 2024
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