IDACORP (IDA) Misses Q2 EPS by 3c

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IDACORP, Inc. Announces Second Quarter 2022 Results, Increases Bottom-End of 2022 Earnings Guidance

August 4, 2022 6:30 AM EDT

BOISE, Idaho--(BUSINESS WIRE)-- IDACORP, Inc. (NYSE: IDA) reported second quarter 2022 net income attributable to IDACORP of $64.3 million, or $1.27 per diluted share, compared with $70.0 million, or $1.38 per diluted share, in the second quarter of 2021. For the first six months of 2022, IDACORP reported net income attributable to IDACORP of $110.5 million, or $2.18 per diluted share, compared with $114.9 million, or $2.27 per diluted share, in the first six months of 2021.

Continued customer growth, higher transmission wheeling revenues, and the impacts of a regulatory order approving Idaho Power's plan to cease its coal-fired operations at the... More