IDACORP, Inc. Announces Third Quarter 2024 Results, Increases Lower-End of Earnings Guidance Range
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: Business Wire
BOISE, Idaho--(BUSINESS WIRE)--IDACORP, Inc. (NYSE: IDA) reported third quarter 2024 net income attributable to IDACORP of $113.6 million, or $2.12 per diluted share, compared with $105.3 million, or $2.07 per diluted share, in the third quarter of 2023.“We had a strong third quarter and benefited from customer growth, rate changes, and weather conditions that contributed to higher customer usage,” said IDACORP President and Chief Executive Officer Lisa Grow. “As expected, higher depreciation and interest expense partially offset those benefits during the quarter, as we continued to acquire resources and build infrastructure to respond to rapidly growing customer needs.”“We are also excited to announce the results of our request for proposal process for energy and capacity resource needs in 2026 and 2027. From that process, Idaho Power expects to procure additional company-owned battery resources and its first-ever company-owned wind power project in Wyoming, along with several po
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