IDACORP (IDA) Tops Q1 EPS by 25c; Affirms Guidance

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Go back to IDACORP (IDA) Tops Q1 EPS by 25c; Affirms Guidance

IDACORP, Inc. Announces First Quarter 2023 Results, Affirms 2023 Earnings Guidance

May 4, 2023 6:30 AM EDT

BOISE, Idaho--(BUSINESS WIRE)-- IDACORP, Inc. (NYSE: IDA) reported first quarter 2023 net income attributable to IDACORP of $56.1 million, or $1.11 per diluted share, compared with $46.3 million, or $0.91 per diluted share, in the first quarter of 2022.

Customer growth and economic activity in our service area continue to be drivers of our success," said IDACORP President and Chief Executive Officer Lisa Grow. "This growth, combined with other factors such as an increase in transmission services revenue and a regulatory order last June, benefited the quarter's results."

"We are also pleased with the recent progress related... More