IDACORP (IDA) Tops Q1 EPS by 8c, Offer FY Guidance

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IDACORP, Inc. Announces First Quarter 2021 Results, Affirms 2021 Earnings Guidance

April 29, 2021 6:30 AM EDT

BOISE, Idaho--(BUSINESS WIRE)-- IDACORP, Inc. (NYSE: IDA) reported first quarter 2021 net income attributable to IDACORP of $44.8 million, or $0.89 per diluted share, compared with $37.5 million, or $0.74 per diluted share, in the first quarter of 2020.

Our customer count grew 2.9% over the past twelve months and is accelerating," said IDACORP President and Chief Executive Officer Lisa Grow. In March 2021 alone, our customer growth rate was 3.5%.

This growth, combined with increased transmission-related revenues from higher rates and colder weather in the southwest U.S., more than offset a slight decrease in commercial customer sales related to... More