)
)
Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Black Hills
Black Hills (BKH) investor relations material
Black Hills Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary5 Nov, 2026
Executive summary
Q3 adjusted EPS was $0.57 vs. $0.45; 2026 adjusted EPS guidance was reaffirmed at $4.25–$4.45.
Google agreements for a planned Wyoming data center project projected 2030 net income of $150 million and ~$2.4 billion of unlevered free cash flow through 2048.
NorthWestern Energy merger conditions were largely satisfied, with final Montana regulatory approval pending.
Financial highlights
Q3 revenue was $466.1 million vs. $430.2 million; operating income was $98.1 million vs. $78.7 million.
Q3 GAAP diluted EPS was $0.54 vs. $0.34; adjusted EPS was $0.57 vs. $0.45, excluding merger-related costs.
9M revenue was $1,699.6 million vs. $1,674.5 million; operating income was $397.1 million vs. $366.1 million.
9M GAAP diluted EPS was $2.76 vs. $2.58; adjusted EPS was $2.89 vs. $2.68, excluding merger-related costs.
9M operating cash flow was $542.6 million vs. $505.3 million; investing cash outflow was $763.7 million vs. $556.4 million.
Outlook and guidance
2026 adjusted EPS guidance remains $4.25–$4.45, with the midpoint representing 6% growth over 2025 adjusted EPS of $4.10.
Long-term adjusted EPS growth target is 4%–6% for 2026–2030; the current plan supports the upper half of the range.
The $4.7 billion 2026–2030 base capital forecast excludes Google generation, additional transmission investments and the pending merger.
Guidance assumes normal weather, constructive and timely regulatory outcomes, ~3.5% O&M expense growth, $50–$70 million of equity issuance and a ~14% effective tax rate.
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
Latest events from Black Hills
- Targeting 4–6% EPS growth, $4.7B investment, and merger-driven scale with strong ESG focus.BKH
Investor presentation - Q2 2026 adjusted EPS rose to $0.54 on strong rates, load growth, and merger progress.BKHQ2 2026
- Q1 2026 adjusted EPS $1.79; guidance reaffirmed; merger and capital projects advanced.BKHQ1 2026
- All proposals passed, with strong growth, major investments, and a merger planned.BKHAGM 2026
- All proposals, including a merger and corporate changes, passed with strong shareholder support.BKHAGM 2026
- Annual meeting highlights merger, director elections, pay-for-performance, and ESG progress.BKHProxy Filing
- 4–6% EPS growth, $4.7B capital plan, and NorthWestern merger drive long-term value.BKHInvestor presentation
- 2025 adjusted EPS grew 5% to $4.10, with 2026 guidance for 6% growth and a major merger pending.BKHQ4 2025
- Q2 2025 delivered higher revenue and EPS, with 2025 guidance reaffirmed and growth projects advancing.BKHQ2 2025
Next Black Hills earnings date
Q4 20263 Feb, 2027
Black Hills
Next Black Hills earnings date
Q4 20263 Feb, 2027
AI chat
Ask anything. Verify everything.
Ask across every event and document from public companies. Each answer links back to the exact line in the transcript, slide or filing it came from.Learn moreFind what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.)
Trust every finding
50m+ first-party documents. Every output traceable to its source.Find what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.Trust every finding
50m+ first-party documents. Every output traceable to its source.Automations
Zero in on what matters
Define the prompt once. It runs the moment a company publishes or on a schedule you set. Outputs map to the exact signals you choose.Learn more)
Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.)
Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Live audio & transcripts
Be first
Join any earnings call live in one click, with no manual registration. Follow the transcript as it happens and jump straight to the moments that matter.Learn more)
Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.)
Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Quartr MCP connects your AI environment to 17K+ public companies
Pull live transcripts, filings, and slides into Claude or Codex via MCP. Combine Quartr's global IR data with any other dataset. Run agentic research and monitoring.
Included with Quartr Pro at no extra cost.Learn more
Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.
Jamie Ross
Investment Manager, GAM Investments
GAM
GAM
Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.
Tom O'Hara
Investment Director
Ciena
Ciena
Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.
Gregg Lampf
VP of Investor Relations
Protean
Protean
Being able to ask specific questions across years of transcripts and reports and instantly get verified answers is a game-changer.
Pontus Dackmo
CEO & Investment Manager
)
)
Frequently asked questions
Black Hills Corp is an energy company that provides electric and natural gas utility services to customers in the U.S. Midwest and Mountain regions. The company also engages in power generation and natural gas supply chain operations. It is headquartered in Rapid City, South Dakota, and its shares are listed on the NYSE.