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IdaCorp (IDA) Expected to Beat Earnings Estimates: Should You Buy?
ZACKSยท 2025-07-24 15:08
IdaCorp (IDA) is expected to deliver flat earnings compared to the year-ago quarter on higher revenues when it reports results for the quarter ended June 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 31. ...
Will IdaCorp (IDA) Beat Estimates Again in Its Next Earnings Report?
ZACKSยท 2025-07-17 17:11
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? IdaCorp (IDA) , which belongs to the Zacks Utility - Electric Power industry, could be a great candidate to consider.This utility company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 8.95%.For the last reported quarter, IdaCorp came out with ...
Is the Options Market Predicting a Spike in IDACORP Stock?
ZACKSยท 2025-07-17 13:56
Group 1 - IDACORP, Inc. (IDA) is experiencing significant activity in the options market, particularly with the Aug 15, 2025 $75.00 Put showing high implied volatility, indicating potential for a major price movement [1] - Implied volatility reflects market expectations for future stock movement, suggesting that investors anticipate a significant event that could lead to a rally or sell-off [2] - Analysts have a mixed outlook on IDACORP, with the company holding a Zacks Rank 3 (Hold) in the Utility - Electric Power industry, which is in the bottom 40% of the Zacks Industry Rank [3] Group 2 - Over the past 60 days, two analysts have raised their earnings estimates for IDACORP for the current quarter, increasing the Zacks Consensus Estimate from $1.68 to $1.71 per share [3] - The high implied volatility may indicate a developing trading opportunity, as options traders often seek to sell premium on such options to capture decay, hoping the stock does not move as much as expected by expiration [4]
IDACORP(IDA) - 2014 Q4 - Earnings Call Presentation
2025-06-16 17:04
Leadership Presenting Today Earnings Conference Call 4th Quarter 2014 February 19, 2015 Darrel Anderson IDACORP President & Chief Executive Officer Steve Keen IDACORP Senior Vice President, Chief Financial Officer & Treasurer 2 Forward-Looking Statements In addition to the historical information contained in this presentation, this presentation contains (and oral communications made by IDACORP, Inc. and Idaho Power Company may contain) statements, including, without limitation, earnings guidance, that relat ...
IDACORP(IDA) - 2015 Q4 - Earnings Call Presentation
2025-06-16 17:04
Earnings Conference Call 4th Quarter 2015 February 18, 2016 Leadership Presenting Today Darrel Anderson IDACORP President & Chief Executive Officer Earnings Performance IDACORP, Inc. Net Income and Earnings Per Share (thousands except for per share amounts) | | Three Months | | | Twelve Months | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | | Ended December 31 | | | Ended December 31 | | | | | | 2015 | | 2014 | 2015 2014 | | | | | Net Income | $ | 31,832 | $ 34,648 | $ | 194,679 | $ 193,480 | | ...
IDACORP(IDA) - 2016 Q4 - Earnings Call Presentation
2025-06-16 17:04
Earnings Conference Call 4 th Quarter & Year End 2016 February 23, 2017 Forward-Looking Statements In addition to the historical information contained in this presentation, this presentation contains (and oral communications made by IDACORP, Inc. and Idaho Power Company may contain) statements, including, without limitation, earnings guidance, that relate to future events and expectations and, as such, constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act o ...
IDACORP(IDA) - 2017 Q4 - Earnings Call Presentation
2025-06-16 17:03
February 22, 2018 Forward-Looking Statements In addition to the historical information contained in this presentation, this presentation contains (and oral communications made by IDACORP, Inc. and Idaho Power Company may contain) statements, including, without limitation, earnings guidance and estimated key operating and financial metrics, that relate to future events and expectations and, as such, constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 19 ...
Idacorp: Cash In On The AI Boom And Buy Now
Seeking Alphaยท 2025-06-13 12:15
As an analyst and an investor, I tend to think of myself as a big-picture guy. Think about the present and extrapolate that to the future. From there, I believe thatHi, my name is Kody. Aside from my articles here on Seeking Alpha, I am also a regular contributor to Sure Dividend, The Dividend Kings, and iREIT+Hoya Capital. I have been investing since September 2017 (age 20) and interested in dividend investing since about 2009.Since July 2018, I have ran Kody's Dividends. This is a blog that is documenting ...
IDACORP Q1 Earnings Beat Estimates on Rate Changes & Customer Growth
ZACKSยท 2025-05-02 16:50
Core Viewpoint - IDACORP, Inc. reported strong first-quarter 2025 earnings, exceeding estimates, driven by customer growth and operational efficiency [1][3]. Financial Performance - Earnings per share for Q1 2025 were $1.10, surpassing the Zacks Consensus Estimate of $1.03 by 6.8% and improving 15.8% from $0.95 in the same quarter last year [1]. - Total revenues for Q1 2025 were $432.4 million, down 5.6% from the Zacks Consensus Estimate of $458 million and down 3.8% from $449 million in the prior year [2]. - Net income increased to $59.6 million, a rise of 23.4% from the previous year [3]. Operational Highlights - Customer growth rate in service areas rose by 2.6% year over year, contributing an additional $7.3 million to operating income [3]. - Total operating expenses decreased to $377.5 million, down 5.5% from the year-ago quarter, attributed to lower purchased power and fuel costs [3]. Cash Flow and Debt - As of March 31, 2025, cash and cash equivalents stood at $634.5 million, up from $368.9 million at the end of 2024 [4]. - Long-term debt increased to $3.44 billion from $3.05 billion as of December 31, 2024 [4]. - Net cash provided by operating activities was $124.3 million, compared to $109.7 million in the prior year [4]. Guidance - IDACORP maintained its full-year 2025 earnings guidance of $5.65-$5.85 per share, with the Zacks Consensus Estimate at $5.81 [5]. - Expected capital expenditures for 2025 are projected to be between $1 billion and $1.1 billion [5]. - The company anticipates O&M expenses to range from $465 million to $475 million and plans to add hydropower capacity of 7-8.5 MWh in 2025 [5].
IDACORP(IDA) - 2025 Q1 - Earnings Call Transcript
2025-05-01 21:32
Financial Data and Key Metrics Changes - IDACORP's diluted earnings per share increased to $1.1 from $0.95 in the first quarter of the previous year [5] - Net income rose by $11.4 million compared to the first quarter last year, primarily driven by higher retail revenues and incremental tax credits [19] - The company reaffirmed its full-year diluted earnings per share guidance range of $5.65 to $5.85 [5][36] Business Line Data and Key Metrics Changes - Retail customer growth was reported at 2.6%, with residential customer growth at 2.9% [6] - Retail revenues per megawatt hour increased, contributing an additional $11.3 million to operating income [20] - Other operating and maintenance expenses rose by $7.2 million, largely due to wildfire mitigation program costs [21] Market Data and Key Metrics Changes - The five-year forecast for retail sales growth is projected at 8.3% annually, necessitating additional system investments [9] - The company expects good hydropower generation in 2025, ranging from 7 million to 8.5 million megawatt hours [38] Company Strategy and Development Direction - The company is focused on executing infrastructure projects to meet customer demand, with significant investments planned [10][27] - IDACORP is actively monitoring tariffs and regulatory changes to ensure affordability for customers [13] - A general rate case is planned to recover substantial capital investments, with rates expected to be effective no earlier than January 2026 [14] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in customer growth and economic expansion within Idaho Power's service area [6] - The company is committed to maintaining a strong balance sheet while targeting a 50/50 debt-equity capital ratio [29] - Management highlighted the importance of timely recovery mechanisms for infrastructure investments to reduce regulatory lag [81] Other Important Information - The company is actively engaged in discussions regarding wildfire mitigation plans and legislative changes [16][90] - A significant expansion project by Chobani and a new distribution center by Tractor Supply Company were noted as indicators of strong customer interest [6][8] Q&A Session Summary Question: Changes to wildfire mitigation plans due to new legislation - Management does not anticipate significant changes to the wildfire mitigation program but may make modifications over time [42] Question: Thoughts on rate case mechanisms to improve ROEs - The company is preparing its case and considering options to reduce regulatory lag [44] Question: Impact of chaotic periods on the agricultural community - Management noted it is too early to measure impacts but remains optimistic about agricultural conditions [54] Question: Capacity for proposing multiyear mechanisms to the PUC - Management is open to discussing creative solutions to help with the volume of filings [60] Question: Status of contract negotiations with a data center - Ongoing negotiations are still in progress [78] Question: Timely recovery of transmission project costs - Management is exploring various mechanisms for timely cost recovery [80]