Business Context and Reporting Period
Company: Black Hills Corporation
Filing Type: Form 8-K (Current Report)
Date of Report: May 2, 2013
Reporting Period: First quarter ended March 31, 2013
Key Financial Metrics
| Metric | Q1 2013 | Q1 2012 |
|---|---|---|
| Net Income | $43.2 million | $29.8 million |
| Earnings Per Share | $0.97 | $0.68 |
Note: The filing text does not provide specific values for revenue, operating cash flow, margins, debt levels, or liquidity ratios. These metrics are referenced as being contained in the attached press release (Exhibit 99) but are not detailed in the 8-K body text.
Material Changes
- Net Income: Increased by $13.4 million (approximately 45%) compared to the same period in 2012.
- Earnings Per Share: Increased by $0.29 per share compared to the prior year period.
Guidance, Outlook, and Risks
The filing serves as a notification of the issuance of a press release regarding first-quarter results. The text does not contain specific management commentary, forward-looking guidance, risk factors, or details on contingencies beyond the reference to the attached press release.
Investor Verification Checklist
- Review the attached Press Release (Exhibit 99) for detailed revenue, cash flow, and margin data not included in this summary.
- Verify the specific drivers behind the 45% increase in net income.
- Confirm if the earnings per share figures are diluted or basic.
- Check for any non-recurring items affecting the year-over-year comparison in the full press release.