Black Hills (BKH) Posts Q3 non-GAAP EPS of $0.38, Tops by 9c; Lowers Top-End of FY10 EPS, Guides FY11 EPS; Declares $0.36 Quarterly Dividend, 4.5% Yield

Black Hills Corporation (BKH) reports Q3 EPS of $0.38, 9 cents better than the analyst estimate of $0.29. Revenue for the quarter was $264.36 million, which compares to the estimate of $237.30 million. Lowers FY10 adjusted EPS outlook from $1.80 - $2.05 to $1.80 - $1.95, compared with the consensus of $1.91. FY11 EPS is expected to be $1.90 - $2.15, versus the consensus of $1.97. Declares $0.36 quarterly dividend, $1.44 annualized. The dividend is payable December1, 2010, to shareholders of record as of November 17, 2010. The ex-dividend date is November 15, 2010. Yield on the dividend is 4.5%.... Read more