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The latest update is out from IdaCorp ( (IDA) ).
IDACORP, Inc. saw a strong third quarter in 2024 with net income reaching $113.6 million, buoyed by customer growth and favorable weather, despite higher depreciation and interest expenses. The company plans to expand its energy resources with new battery and wind projects and has raised the lower end of its full-year earnings guidance to $5.35 to $5.45 per diluted share. Investors can also expect improved tax credits to support earnings in 2024.
See more insights into IDA stock on TipRanks’ Stock Analysis page.
