Business Context and Reporting Period
Company: Black Hills Corporation
Filing Type: Form 8-K (Current Report)
Date of Report: May 3, 2012
Reporting Period: First quarter ended March 31, 2012
Key Financial Metrics
| Metric | Q1 2012 | Q1 2011 |
|---|---|---|
| Net Income | $29.8 million | $26.9 million |
| Earnings Per Share | $0.68 | $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 $2.9 million (approximately 10.8%) compared to the same period in 2011.
- Earnings Per Share: Remained flat at $0.68 per share year-over-year.
Guidance, Outlook, and Risks
The filing text does not contain specific management commentary, forward-looking guidance, risk factors, or details on contingencies. The report serves primarily to announce the release of the press release containing the full financial results.
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 reasons for the increase in net income despite flat earnings per share (e.g., share count changes).
- Check for any segment-specific performance details in the full press release.