Idacorp reports Q1 EPS $1.21, consensus $1.10

“Strong Q1 results benefited from customer growth and rate changes,” said CEO Lisa Grow. “As expected, those benefits were partially offset by higher O&M expenses and recording fewer tax credits under the company’s Idaho regulatory mechanism. We expect 2026 will be an exciting year of execution for us, with 250 MWs of batteries coming online and continued progress on our major transmission and generation projects. During this period of growth, we remain focused on reliability and affordability for our customers and providing increased value for our shareholders,” Grow added.