Business Context and Reporting Period
Company: BLACK HILLS CORPORATION
Filing Type: Form 8-K (Current Report)
Date of Report: February 7, 2008
Reporting Period: Three months ended December 31, 2007
Key Financial Metrics
| Metric | Q4 2007 | Q4 2006 |
|---|---|---|
| Net Income | $23.8 million | $20.8 million |
| Net Income Per Share | $0.62 | $0.62 |
| Income from Continuing Operations | $24.8 million | $20.9 million |
| Income from Continuing Operations Per Share | $0.65 | $0.62 |
Note: The filing text does not provide specific values for revenue, cash flow, margins, debt, or liquidity.
Material Changes
- Net Income: Increased by $3.0 million (approximately 14.4%) compared to the prior year period.
- Income from Continuing Operations: Increased by $3.9 million (approximately 18.7%) compared to the prior year period.
- Earnings Per Share: Net income per share remained flat at $0.62, while income from continuing operations per share increased by $0.03.
Guidance, Outlook, and Risks
The filing serves as a notification of the press release issued on February 7, 2008, regarding the fourth-quarter results. The text does not contain specific forward-looking guidance, management commentary on future outlook, or detailed risk factors beyond the standard legal disclaimers regarding the non-filing status of the press release under Section 18 of the Securities Exchange Act of 1934.
Investor Verification Checklist
- Review the attached press release (Exhibit 99) for detailed revenue figures and segment performance not included in the 8-K summary.
- Verify the composition of "Income from Continuing Operations" versus "Net Income" to understand the impact of discontinued operations or unusual items.
- Confirm the number of shares outstanding used to calculate the per-share figures, as the EPS remained flat despite higher net income.