IDACORP(US:IDA) ZACKS·2025-10-30 16:55Core Insights - IDACORP, Inc. (IDA) reported third-quarter 2025 earnings of $2.26 per share, exceeding the Zacks Consensus Estimate of $2.23 by 1.3% and showing a year-over-year improvement of 6.6% from $2.12 [1][8] - Total revenues for the third quarter were $524.4 million, which was 1.6% lower than the Zacks Consensus Estimate of $533 million and a decline of 0.8% from $528.5 million in the same quarter last year [2] - Customer volume increased by 2.3% year over year, contributing to an operating income boost of $7.8 million compared to the prior year [3][8] Financial Performance - Total operating expenses decreased to $379.6 million, down 3.9% from the year-ago quarter [3] - Net income for IDACORP was $124.6 million, reflecting a 9.5% increase from the previous year [3] - As of September 30, 2025, cash and cash equivalents stood at $333.2 million, down from $368.9 million at the end of 2024, while long-term debt rose to $3.33 billion from $3.05 billion [4] Guidance and Future Outlook - IDACORP raised its full-year 2025 earnings guidance to a range of $5.80-$5.90 per share, up from the previous range of $5.70-$5.85, with the current Zacks Consensus Estimate at $5.84 [5] - The company anticipates capital expenditures between $1 billion and $1.1 billion for 2025 and expects O&M expenses to be in the range of $470-$480 million, slightly up from the previous estimate [5] - Management now expects to add hydropower in the range of 6.5-7 megawatt-hours (MWh) in 2025, a reduction from the earlier forecast of 7-8 MWh [6] Market Position - IDACORP currently holds a Zacks Rank 2 (Buy), indicating a favorable market position [7]