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Stock impact report

IDACORP's (IDA) Q4 Earnings Top Estimates, Clean Energy Added [Yahoo! Finance]

IDACORP, Inc. (IDA) 
Last idacorp, inc. earnings: 8/1 06:30 am Check Earnings Report
US:NYSE Investor Relations: idacorpinc.com/investor-relations
Company Research Source: Yahoo! Finance
The company reported earnings of 83 cents in the year-ago quarter. 2023 earnings per share were $5.14 compared with $5.11 in 2022. Strong customer growth, operating efficiently resulting in flat operations and maintenance expenses compared with the last year boosted the bottom line. IDA's 2023 earnings came near the upper end of the guided range of $5.05-$5.15 per share. Total Revenues IDACORP's total revenues came in at $509.6 million, which lagged the Zacks Consensus Estimate of $552 million by 7.7%. The top line also decreased by 1.6% from the year-ago quarter's figure of $518 million. IDACORP, Inc. Price, Consensus and EPS Surprise IDACORP, Inc. price-consensus-eps-surprise-chart | IDACORP, Inc. Quote Highlights of the Release Customer growth in the company's service areas increased by 2.4% year over year for the 12 months ended Dec 31, 2023. This, in turn, boosted operating income by $4.3 million from the year-ago level. Total other O&M expenses in fourth-quarter Show less Read more
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