IDACORP (IDA) Misses Q1 EPS by 2c

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Go back to IDACORP (IDA) Misses Q1 EPS by 2c

IDACORP, Inc. Announces First Quarter 2022 Results, Affirms 2022 Earnings Guidance

May 5, 2022 6:30 AM EDT

BOISE, Idaho--(BUSINESS WIRE)-- IDACORP, Inc. (NYSE: IDA) reported first quarter 2022 net income attributable to IDACORP of $46.3 million, or $0.91 per diluted share, compared with $44.8 million, or $0.89 per diluted share, in the first quarter of 2021.

A growing customer base, higher weather-related usage per customer, and strong transmission wheeling revenues all contributed to the solid first quarter results," said IDACORP President and Chief Executive Officer Lisa Grow. "And though we are seeing the effects of inflationary pressures and supply chain constraints on our operations, we remain committed to our efforts to operate efficiently and to... More