Business Context and Reporting Period
Company: BLACK HILLS CORPORATION
Filing Type: Form 8-K (Current Report)
Date of Report: August 11, 2008
Reporting Period: Three months ended June 30, 2008
Key Financial Metrics
| Metric | Q2 2008 | Q2 2007 |
|---|---|---|
| Net Income | $22.2 million | $25.1 million |
| Diluted EPS (Net Income) | $0.58 | $0.66 |
| Income from Continuing Operations | $13.2 million | $19.5 million |
| Diluted EPS (Continuing Ops) | $0.34 | $0.51 |
Note: The filing text does not provide specific values for revenue, cash flow, margins, debt, or liquidity.
Material Changes
- Net Income Decline: Net income decreased by $2.9 million (approximately 11.6%) compared to the prior year period.
- Continuing Operations Decline: Income from continuing operations decreased by $6.3 million (approximately 32.3%) compared to the prior year period.
- Earnings Per Share: EPS from continuing operations dropped from $0.51 to $0.34.
Guidance, Outlook, and Risks
The filing serves as a notification of the press release issued on August 11, 2008, regarding the Q2 2008 results. The text does not contain forward-looking guidance, management commentary on future outlook, specific risk factors, or details on contingencies and unusual items beyond the reported financial figures.
Investor Verification Checklist
- Review the attached press release (Exhibit 99) for detailed segment performance and explanations for the decline in continuing operations.
- Verify the composition of the difference between Net Income and Income from Continuing Operations to identify discontinued operations or extraordinary items.
- Check subsequent filings for full revenue figures and cash flow statements not included in this 8-K summary.