IDACORP (IDA) Tops Q3 EPS by 12c

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IDACORP, Inc. Announces Third Quarter 2023 Results, Increases Bottom-End 2023 Earnings Guidance

November 2, 2023 6:30 AM EDT

BOISE, Idaho--(BUSINESS WIRE)-- IDACORP, Inc. (NYSE: IDA) reported third quarter 2023 net income attributable to IDACORP of $105.3 million, or $2.07 per diluted share, compared with $106.4 million, or $2.10 per diluted share, in the third quarter of 2022.

Strong customer growth, productive regulatory outcomes, and our focus on operating efficiently continue to benefit our results, said IDACORP President and Chief Executive Officer Lisa Grow. Those factors offset the weather-related reductions in usage per customer, as well as the impacts of depreciation and interest expense from the infrastructure we are building to safely and reliably serve our growing... More