Black Hills Q4 2023 GAAP EPS $1.17 Beats $1.10 Estimate, Sales $591.70M Miss $863.66M Estimate
Portfolio Pulse from Benzinga Newsdesk
Black Hills Corp. (BKH) reported Q4 2023 earnings of $1.17 per share, surpassing the $1.10 estimate. However, their sales of $591.70M fell short of the $863.66M estimate, marking a 25.23% decrease from the previous year.

February 07, 2024 | 9:40 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Black Hills Corp. (BKH) exceeded Q4 EPS estimates but missed on sales, showing a significant year-over-year decrease.
While beating EPS estimates typically has a positive impact on stock prices, the significant miss on sales and the substantial year-over-year decrease could temper investor enthusiasm. The mixed results present a neutral outlook in the short term as investors weigh the positive earnings against the negative sales performance.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100