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IDACORP, Inc. Announces Fourth Quarter and Year-End 2024 Results, Initiates 2025 Earnings Guidance

1. IDA Q4 net income rose to $37.9M vs $31.3M in Q4 2023. 2. Full-year net income increased to $289.2M from $261.2M, boosting EPS.

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$112.0502/20 06:38 AM EDTEvent Start
$113.48502/21 01:12 PM EDTLatest Updated
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FAQ

Why Bullish?

The earnings beat demonstrates stronger-than-expected performance, which historically has led to positive price movements in similar stocks.

How important is it?

The improved quarterly and annual results are significant for investors, yet the absence of detailed forward guidance slightly tempers the overall impact.

Why Short Term?

Earnings reports typically drive immediate investor reactions, though long-term impact depends on future guidance and market conditions.

Related Companies

BOISE, Idaho--(BUSINESS WIRE)--IDACORP, Inc. (NYSE: IDA) reported fourth quarter 2024 net income attributable to IDACORP of $37.9 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 benefit.

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