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

1. IDACORP reported Q1 2025 net income of $59.6M, a notable increase. 2. Customer growth and tax credits positively impacted earnings.

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FAQ

Why Bullish?

The increase in earnings per share (EPS) indicates strong performance. Historically, improved financial results correlate with positive market sentiment for utility companies like IDACORP.

How important is it?

Earnings directly influence investor confidence, with positive results likely to boost IDA's stock price. The 20% increase in net income from Q1 2024 validates this impact.

Why Short Term?

Q1 earnings results typically affect stock performance immediately. A sustained uptick in customer growth may solidify future gains.

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EDDTESRE
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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