IDACORP (IDA) Q1 Earnings Fall Short of Estimates, Revenues Top
- 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
View signal analysis