Idacorp reports Q3 EPS $2.12, consensus $2.18

“We had a strong third quarter and benefited from customer growth, rate changes, and weather conditions that contributed to higher customer usage,” said CEO Lisa Grow. “As expected, higher depreciation and interest expense partially offset those benefits during the quarter, as we continued to acquire resources and build infrastructure to respond to rapidly growing customer needs. We are also excited to announce the results of our request for proposal process for energy and capacity resource needs in 2026 and 2027. From that process, Idaho Power expects to procure additional company-owned battery resources and its first-ever company-owned wind power project in Wyoming, along with several power purchase arrangements”.