Business Context and Reporting Period
Company: Black Hills Corporation
Filing Type: Form 8-K (Current Report)
Date of Report: October 28, 2010
Reporting Period: Third quarter ended September 30, 2010
Key Financial Metrics
| Metric | Q3 2010 | Q3 2009 |
|---|---|---|
| Net Income (Loss) | $12.4 million | ($2.2 million) |
| Earnings Per Share | $0.32 | ($0.06) |
Note: The filing text does not provide specific values for revenue, cash flow, margins, debt, or liquidity for this period.
Material Changes
- The Company reported a significant turnaround in profitability, moving from a net loss of $2.2 million in Q3 2009 to a net income of $12.4 million in Q3 2010.
- Earnings per share improved from a loss of $0.06 to a gain of $0.32 year-over-year.
Guidance, Outlook, and Risks
The filing serves as a notification of the press release announcing third-quarter results. It does not contain specific forward-looking guidance, management commentary on future outlook, or detailed risk factors within the text of the 8-K itself. The full press release is attached as Exhibit 99.
Investor Verification Checklist
- Review the attached Press Release (Exhibit 99) for detailed revenue figures and segment performance.
- Verify the specific drivers behind the $14.6 million swing in net income compared to the prior year.
- Check subsequent filings for updated liquidity and debt position details not included in this summary.