Black Hills (BKH) Q2 FY26 earnings call

Black Hills Corporation reported strong Q2 FY26 earnings, driven by new rates and rider recovery, offsetting higher financing and depreciation costs. The company is on track to meet its full-year adjusted EPS guidance, supported by a robust large load demand pipeline, particularly from hyperscale data centers. Strategic regulatory activities are progressing, and the planned merger with NorthWestern Energy is nearing completion, awaiting final approval from Montana.