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Public signal · 1-minute delayed
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AI summary
What happened, with direct paths to the underlying reporting
- IDACORP, Inc. reported Q1 earnings of 95 cents/share, lower than estimates. - Total revenues were $449 million, exceeding estimates by 1.7%. - Customer growth increased 2.5%, operating expenses rose, net income decreased. - Cash and cash equivalents decreased, long-term debt remained steady. - IDACORP reaffirms 2024 earnings guidance, plans to add more hydropower. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings
- IDACORP, Inc. reported Q1 earnings of 95 cents/share, lower than estimates.
- Total revenues were $449 million, exceeding estimates by 1.7%.
- Customer growth increased 2.5%, operating expenses rose, net income decreased.
- Cash and cash equivalents decreased, long-term debt remained steady.
- IDACORP reaffirms 2024 earnings guidance, plans to add more hydropower.
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