RAPID CITY, S.D. (AP) — RAPID CITY, S.D. (AP) — Black Hills Corp. (BKH) on Wednesday reported third-quarter profit of $24.9 million.
The Rapid City, South Dakota-based company said it had profit of 34 cents per share. Earnings, adjusted for one-time gains and costs, came to 45 cents per share.
The energy company posted revenue of $430.2 million in the period.
Black Hills expects full-year earnings in the range of $4 to $4.20 per share.
Black Hills shares have increased 11% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $64.75, an increase of 10% in the last 12 months.
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