IDACORP, Inc. Announces Fourth Quarter and Year-End 2024 Results, Initiates 2025 Earnings Guidance [Yahoo! Finance]
IDACORP, Inc. (IDA)
Last idacorp, inc. earnings: 8/1 06:30 am
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US:NYSE Investor Relations:
idacorpinc.com/investor-relations
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Source: Yahoo! Finance
million, or $0.70 per diluted share, compared with $31.3 million, or $0.61 per diluted share, in the fourth quarter of 2023. For the full year ended December 31, 2024, IDACORP reported net income attributable to IDACORP of $289.2 million, or $5.50 per diluted share, compared with $261.2 million, or $5.14 per diluted share, in 2023. "IDACORP's earnings in 2024 benefited from continued strong customer growth, rate changes, spring and summer weather conditions that contributed to higher customer usage, and the use of tax credits under the company's Idaho regulatory mechanism," said IDACORP President and Chief Executive Officer Lisa Grow. "Higher depreciation and financing costs partially offset those benefits during the year, as we continued to acquire resources and build infrastructure to respond to rapidly growing customer needs." "To support ongoing growth and energy reliability and resiliency for all of our customers, we anticipate another year of substantial capital investment,"
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- IDACORP (NYSE:IDA) was given a new $129.00 price target on by analysts at UBS Group AG.MarketBeat
- IDACORP (NYSE:IDA) was given a new $139.00 price target on by analysts at Morgan Stanley. They now have an "overweight" rating on the stock.MarketBeat
- IDACORP (NYSE:IDA) had its "neutral" rating reaffirmed by analysts at UBS Group AG.MarketBeat
- IDACORP (NYSE:IDA) had its "buy" rating reaffirmed by analysts at Jefferies Financial Group Inc..MarketBeat
- IDACORP (NYSE:IDA) was given a new $137.00 price target on by analysts at Morgan Stanley.MarketBeat