Posts for Ticker ‘BKH’

Black Gold Doesn’t Help Black Hills (BKH)

BurningmoneyLong after the market closed yesterday, Black Hills Corporation (NYSE:BKH) seriously reduced its guidance for 2008 and its outlook for 2009. Full-year EPS is now expected to come in at $2.00-$2.10, about 7.5% lower than earlier EPS guidance of $2.15-$2.25. For 2009, the company lowered its sights from EPS of $2.40-$2.65 to $1.95-$2.25, a drop of of more than 18%. Both estimates were made on a non-GAAP basis.

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Posted on: November 25, 2008 – 8:54 am in Earnings Warning, Oil & Gas,