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IDACORP Guides FY23 EPS In Line With View; Q4 Earnings Top Estimates

RTTNews | 970日前

IDACORP Guides FY23 EPS In Line With View; Q4 Earnings Top Estimates

(RTTNews) - While reporting financial results for the fourth quarter on Thursday, electric utility IDACORP, Inc. (IDA) initiated earnings guidance for the full year 2023, in line with estimates.

For fiscal 2023, the company continues to project earnings in a range of $4.95 to $5.15 per share. On average, five analysts polled by Thomson Reuters expect the company to report earnings of $5.14 per share for the year. Analysts' estimates typically exclude special items.

The company is assuming that Idaho Power will use approximately $15 million of additional tax credits available under its Idaho earnings support regulatory mechanism in 2023. The earnings guidance also assumes normal weather conditions throughout the year. For the first quarter, the company reported net income attributable to IDACORP of $42.05 million or $0.83 per share, higher than $32.80 million or $0.65 per share in the prior-year quarter. The Street was looking for earnings of $0.82 per share for the quarter.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

タグ: IDA

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IDACORP Boosts FY24 EPS Outlook As Q2 Earnings Top Estimates

IDACORP Boosts FY24 EPS Outlook As Q2 Earnings Top Estimates

While reporting financial results for the second quarter on Thursday, electric utility IDACORP, Inc. (IDA) raised its earnings guidance for the full year 2024.

RTTNews | 438日前

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RTTNews | 5分前

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RTTNews | 4時27分前

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RTTNews | 5時24分前

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RTTNews | 5時38分前

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The U.S. Dollar rallied emphatically against major currencies during the week ended October 10 amidst political instability in France and Japan that undermined the euro and the yen.

RTTNews | 7時2分前

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RTTNews | 7時36分前

Sensex, Nifty End Modestly Lower On Sino-US Trade Tensions

Sensex, Nifty End Modestly Lower On Sino-US Trade Tensions

Indian shares ended lower on Monday, mirroring weakness in global markets as the U.S. government shutdown entered its third week and trade tensions between the U.S. and China returned to the fore.

RTTNews | 7時48分前

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