IDACORP Inc.'s (IDA) planned investments are expected to strengthen its infrastructure, which should help boost performance. The company's cost management and focus on producing more electricity from clean sources act as tailwinds. Given its growth opportunities, IDA makes for a solid investment option in the utility sector. Let's explore the factors that make this Zacks Rank #2 (Buy) company a strong investment pick at the moment. Growth Projections & Surprise History The Zacks Consensus Estimate for IDACO ...

A shot of high voltage electric power lines at sunset. imaginima It's not a secret that utilities have been off to the races lately. The Utilities Select Sector SPDR Fund ETF (XLU) has gained 14% year to date. This is ahead of the 12% gains of the S&P 500 index (SP500). IDA's operating revenue edged higher by 4.5% year-over-year to $448.9 million during the first quarter ended March 31, 2024. This was $55 million ahead of the analyst consensus for the quarter per Seeking Alpha. That outperformance makes sen ...

IDACORP, Inc. (NYSE:IDA) Q1 2024 Earnings Call Transcript May 2, 2024 4:30 PM ET Company Participants Amy Shaw - VP of Finance, Compliance & Risk Lisa Grow - President and CEO Brian Buckham - SVP, CFO and Treasurer Adam Richins - SVP and COO Conference Call Participants Alex Mortimer - Mizuho Operator Welcome to IDACORP's First Quarter 2024 Earnings Conference Call. Today's call is being recorded and our webcast is live. A replay will be available later today and for the next 12 months on the IDACORP websit ...

SIDACORP | --- | --- | --- | --- | --- | --- | |-------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | Forward-Looking Statements This presentation (and oral statements relating to this presentation) contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements, other than statements of historical facts, that express or involve discussions of expectations, beliefs, plans, objectives, outlooks, ...

IdaCorp (IDA) came out with quarterly earnings of $0.95 per share, missing the Zacks Consensus Estimate of $1.02 per share. This compares to earnings of $1.11 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -6.86%. A quarter ago, it was expected that this utility company would post earnings of $0.60 per share when it actually produced earnings of $0.61, delivering a surprise of 1.67%.Over the last four quarters, the company ha ...

Exhibit 99.1 May 2, 2024 IDACORP, Inc. Announces First Quarter 2024 Results, Reaffirms 2024 Earnings Guidance BOISE, Idaho--IDACORP, Inc. (NYSE: IDA) reported first quarter 2024 net income attributable to IDACORP of $48.2 million, or $0.95 per diluted share, compared with $56.1 million, or $1.11 per diluted share, in the first quarter of 2023. "We ended the first quarter on plan, as we began to see the benefit of rate changes along with continued strong customer growth," said IDACORP President and Chief Exe ...

f Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION | Title of each class | Trading Symbol(s) | Name of each exchange on which registered | | --- | --- | --- | | Common Stock | IDA | New York Stock Exchange | Indicate by check mark whether the registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrants were required to file such reports), and (2) have been sub ...

IDACORP, Inc. (NYSE:IDA) Q4 2023 Earnings Conference Call February 15, 2024 4:30 PM ET Company Participants Amy Shaw - Vice President of Finance, Compliance and Risk Lisa Grow - President and Chief Executive Officer Brian Buckham - Senior Vice President and Chief Financial Officer Adam Richins - Senior Vice President and Chief Operating Officer Conference Call Participants Alex Mortimer - Mizuho Securities Julien Dumoulin-Smith - Bank of America Jamieson Ward - Guggenheim Partners Brian Russo - Sidoti & Com ...

General Rate Case Filed in Oregon • 19.28% overall average customer rate increase ($10.7 million in Oregon-Jurisdiction revenues) • Oregon retail rate base of ~$188.9 million – ~$69 million of net additional infrastructure investments RFP Update(1)(2) 2023 Integrated Resource Plan Filed 8 BUILDING OUR FUTURE 10 – OPUC and IPUC granted respective certificates of public convenience and necessity – Long-term transmission service commitment to BPA's customers across southern Idaho included in agreement – Includ ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to ________________________________ | Commission | Exact name of registrants as specified in their charters, address of principal executive | I.R. ...