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IDACORP, Inc. Announces First Quarter 2025 Results, Reaffirms 2025 Earnings Guidance

1. IDACORP's Q1 2025 net income rose to $59.6M, driven by customer growth. 2. Tax credits under Idaho regulatory mechanism contributed to earnings growth.

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$118.0905/01 06:38 AM EDTEvent Start

$117.33505/02 01:35 PM EDTLatest Updated
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FAQ

Why Bullish?

Increased net income per share indicates strong financial health. Historically, similar earnings growth has positively influenced stock prices.

How important is it?

The substantial earnings growth reflects well on IDACORP, likely attracting investor interest and impacting stock performance.

Why Short Term?

Positive quarterly results typically affect stock prices quickly. Investors often react to quarterly earnings announcements in the short term.

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BOISE, Idaho--(BUSINESS WIRE)--IDACORP, Inc. (NYSE: IDA) reported first quarter 2025 net income attributable to IDACORP of $59.6 million, or $1.10 per diluted share, compared with $48.2 million, or $0.95 per diluted share, in the first quarter of 2024. “IDACORP's earnings benefited from continued strong customer growth, rate changes, and the expected use of tax credits under the company's Idaho regulatory mechanism,” said IDACORP President and Chief Executive Officer Lisa Grow. "Consistent with.

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