Black Hills publishes Q3 2026 earnings call transcript
BKH•Black Hills said its Google data center agreements are expected to generate about $150 million in annual net income, net of financing costs, by 2030. Adjusted quarterly EPS rose to $0.57 from $0.45, and the company reaffirmed its full-year adjusted EPS guidance of $4.25 to $4.45.
1. Quarterly results and outlook
Black Hills reported adjusted quarterly EPS of $0.57, up from $0.45, and reaffirmed full-year adjusted EPS guidance of $4.25 to $4.45. The company expects its Google data center agreements to generate approximately $150 million in annual net income, net of financing costs, by 2030. The project includes $1.8 billion of generation investment, with cash returns starting during construction in mid-2027 and service beginning in late 2027.
2. Merger approval pending
The NorthWestern Energy merger awaits final approval in Montana, where regulators have a November 12 deadline for a written decision.




