IDACORP (IDA) Tops Q3 EPS by 7c; Raises FY EPS Outlook

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IDACORP, Inc. Announces Third Quarter 2022 Results, Increases 2022 Earnings Guidance

November 3, 2022 6:30 AM EDT

BOISE, Idaho--(BUSINESS WIRE)-- IDACORP, Inc. (NYSE: IDA) reported third quarter 2022 net income attributable to IDACORP of $106.4 million, or $2.10 per diluted share, compared with $97.9 million, or $1.93 per diluted share, in the third quarter of 2021. For the first nine months of 2022, IDACORP reported net income attributable to IDACORP of $216.9 million, or $4.28 per diluted share, compared with $212.8 million, or $4.20 per diluted share, in the first nine months of 2021.

Sustained customer growth, an increase in retail sales from hotter weather, and a mid-year approval for the acceleration of the Jim Bridger coal plant retirement, along with higher... More