Black Hills Q2 EPS $0.35 Misses $0.38 Estimate, Sales $411.30M Miss $505.65M Estimate
Portfolio Pulse from Benzinga Newsdesk
Black Hills (NYSE:BKH) reported Q2 earnings of $0.35 per share, missing the analyst consensus estimate of $0.38 by 7.89%. This is a 12.5% decrease from the same period last year. The company also reported quarterly sales of $411.30 million, missing the analyst consensus estimate of $505.65 million by 18.66%, a 13.26% decrease from the same period last year.

August 04, 2023 | 12:13 pm
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NEGATIVE IMPACT
Black Hills' Q2 earnings and sales missed estimates, indicating a potential negative impact on the stock.
Black Hills reported lower than expected earnings and sales for Q2, which is likely to negatively impact investor sentiment and potentially lead to a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100