Education
About Us
Working with TipRanks
Follow Us
Idacorp (IDA)
NYSE:IDA
Earnings Data
Report Date
Apr 30, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
1.15Last Year’s EPS
1.1Same Quarter Last Year
Moderate Buy
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call was broadly constructive and growth‑oriented: management reported continued EPS growth, record retail sales, robust customer additions, major transmission and generation projects progressing, and the first‑ever >$600M operating cash flow milestone. Management initiated above‑street guidance for 2026 and outlined a clear strategy to finance a materially larger capital program while aiming to preserve affordability and a simple balance sheet. The primary negatives are the substantial increase in CapEx (doubling of annual spend), associated financing requirements, near‑threshold credit metrics, tax credit amortization headwinds and continued operational/weather volatility. Management articulated mitigations (rate case outcomes, customer‑funded large load contracts, forward equity sales, AFUDC and planned financing), and framed the risks as manageable given strong execution and a large committed pipeline.Company Guidance
18th Consecutive EPS Growth and Upside Guidance
Diluted EPS $5.90 in 2025 vs $5.50 in 2024 (~+7.3% year-over-year); 18th consecutive year of EPS growth. Results were $0.15 above the midpoint of 2025 guidance. 2026 guidance initiated at $6.25–$6.45 EPS (midpoint ~8% growth vs 2025); company expects < $30M of additional tax credit amortization in 2026 (vs $40M used in 2025).
Record Retail Energy Sales and Customer Growth
Company sold a record amount of energy to retail customers. Metered customer base grew 2.3% in 2025 (residential +2.5%), serving >660,000 metered customers.
Major Transmission and Infrastructure Progress
B2H transmission project broke ground with ~80 towers completed and more under construction; targeted in-service late 2027. SWIP‑North permitting nearly complete with construction expected to begin in 2026 and potential completion as early as 2028. Gateway West critical section anticipated online as early as 2028.
Generation & Storage Additions and High Reliability
200 MW Pleasant Valley Solar came online in 2025; +230 MW of battery storage added. Additional ~250 MW batteries and 125 MW solar expected in service later in the spring. Announced plan for a cost‑effective 167 MW natural gas unit at Bennett Mountain in 2028. Converted Valmy Unit 1 to natural gas and progressing conversion on Unit 2. Company reported among its best reliability scores in history.
Record Cash Flow and Strong Financing Execution
Cash flow from operations exceeded $600M for the first time. Net cash flows expected to fund >50% of CapEx in 2026–2030. Executed >$600M of forward equity sales that will settle in 2026; company targeting a 50/50 debt/equity capital structure and expects to raise about $2B equity and $2.9B debt through 2030 under current forecasts.
Updated CapEx and Rate Base Growth Outlook
5‑year CapEx forecast (2026–2030) averaged ~$1.4B/year (~$7B total), roughly double the prior 5‑year actual annual average (~$700M). Management reported a 26% increase versus the prior published forecast. System rate base projected to exceed $11B by 2030, implying a ~16.7% rate base CAGR for 2026–2030.
Constructive Regulatory Outcome and Affordability Focus
Settled Idaho general rate case with a constructive outcome; management does not plan to file a general rate case on June 1, 2026. Management emphasized rates remain well below national averages and intends to keep affordability via regulatory methodology and careful spending.
2026 Operating and Generation Guidance
2026 guidance includes O&M of $525M–$535M (driven by wildfire mitigation but largely offset by rate case revenues), CapEx of $1.3B–$1.5B, and hydropower generation forecast of 5.5–7.5 million MWh.
IDA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
IDA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 19, 2026 | $141.74 | $138.30 | -2.43% |
Oct 30, 2025 | $132.02 | $129.37 | -2.00% |
Jul 31, 2025 | $120.08 | $122.82 | +2.28% |
May 01, 2025 | $114.88 | $113.14 | -1.52% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Idacorp (IDA) report earnings?
Idacorp (IDA) is schdueled to report earning on Apr 30, 2026, Before Open (Confirmed).
What is Idacorp (IDA) earnings time?
Idacorp (IDA) earnings time is at Apr 30, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is IDA EPS forecast?
IDA EPS forecast for the fiscal quarter 2026 (Q1) is 1.15.