Business Context and Reporting Period
Company: Black Hills Corporation
Filing Type: Form 8-K (Current Report)
Report Date: August 6, 2009
Reporting Period: Second Quarter ended June 30, 2009
Key Financial Metrics
| Metric | Q2 2009 | Q2 2008 |
|---|---|---|
| Income from Continuing Operations | $24.6 million ($0.64 per share) | $13.2 million ($0.34 per share) |
| Net Income | $24.6 million ($0.64 per share) | $22.2 million ($0.58 per share) |
Note: The filing text does not provide specific values for revenue, cash flow, margins, debt, or liquidity.
Material Changes
- Income from Continuing Operations: Increased significantly by $11.4 million (86.4%) year-over-year.
- Earnings Per Share (Continuing Operations): Rose from $0.34 to $0.64 per share.
- Net Income: Increased by $2.4 million (10.8%) year-over-year.
Guidance, Outlook, and Risks
The filing serves as a notification of the press release issued on August 6, 2009, regarding second-quarter results. The text does not contain specific management commentary, forward-looking guidance, risk factors, or details on contingencies beyond the financial results summary.
Investor Verification Checklist
- Verify the full text of the attached press release (Exhibit 99) for detailed revenue breakdowns and segment performance.
- Confirm the drivers behind the 86% increase in income from continuing operations versus the 11% increase in net income.
- Review the full 10-Q filing for comprehensive data on cash flow, debt levels, and liquidity not included in this 8-K summary.