IdaCorp (IDA) Q1 Earnings Beat Estimates

Core Viewpoint - IdaCorp reported quarterly earnings of $1.10 per share, exceeding the Zacks Consensus Estimate of $1.03 per share, and showing an increase from $0.95 per share a year ago, representing an earnings surprise of 6.80% [1][2] Financial Performance - The company posted revenues of $432.46 million for the quarter ended March 2025, which was 5.65% below the Zacks Consensus Estimate and a decrease from $448.94 million year-over-year [2] - Over the last four quarters, IdaCorp has surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [2] Stock Performance - IdaCorp shares have increased approximately 8.1% since the beginning of the year, contrasting with the S&P 500's decline of 5.3% [3] Future Outlook - The company's earnings outlook is crucial for investors, with current consensus EPS estimates at $1.69 for the coming quarter and $5.81 for the current fiscal year, alongside revenues of $459.06 million and $1.88 billion respectively [7] - The Zacks Industry Rank places Utility - Electric Power in the top 14% of over 250 Zacks industries, indicating a favorable outlook for the sector [8] Estimate Revisions - The trend for estimate revisions for IdaCorp is mixed, currently resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6]