Idacorp (IDA)
NYSE:IDA
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Earnings Data
Report Date
Jul 30, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.8Last Year’s EPS
1.76Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed solid operational and financial momentum: EPS improved ~10% year-over-year, customer counts and industrial sales are rising, major transmission and generation projects are progressing, and management has executed meaningful equity-forward financing. Offsetting risks include weather-driven lower usage this quarter, higher O&M and interest costs from an elevated CapEx program, a trimmed hydropower outlook, and recent rating pressure that requires continued equity issuance and careful financing. On balance, the positives from growth, project progress, reaffirmed guidance, and financing execution outweigh the near-term headwinds and execution/credit risks.Company Guidance
Earnings Per Share Growth
Diluted EPS of $1.21 in Q1 2026 versus $1.10 in Q1 2025, an increase of approximately 10%, and management reaffirmed full-year 2026 EPS guidance of $6.25 to $6.45.
Customer and Industrial Load Growth
Overall customer count increased 2.3% year-over-year with residential up 2.4%; industrial energy sales grew 5.7% year-over-year driven by large customers (e.g., Micron and Meta) ramping operations.
Revenue Drivers and FCA Improvement
Higher retail revenues from a January rate increase and customer growth produced a $23 million benefit; FCA revenues increased by over $19 million versus 2025, contributing materially to operating results.
Progress on Major Infrastructure and Resource Projects
Three major transmission lines and multiple generation projects advancing: B2H ~15% structures complete and expected in service late 2027; SWIFT North received CPCN with potential completion as early as 2028; Gateway West filings progressing. Company received CPCN for a 167 MW gas plant (in-service target summer 2028) and plans for additional 222 MW (2029) and 430 MW (2030) gas projects. Also adding 250 MW company-owned battery storage this quarter and 125 MW third-party solar later in the year.
Strong Growth Pipeline and IRP Momentum
Management reported a robust pipeline (references to a multi-GW queue and sustained interest) and maintained an 8.3% IRP growth metric with expectations to update higher in the next IRP cycle, indicating sustained long-term demand.
Affordability and Rate Competitiveness
Rates remain 20%–30% below the national average; rates increased ~23% over the past decade versus 41% nationally and CPI increase of 36% over the same period—supporting a low-cost positioning for customers.
Operational and Regulatory Milestones
Idaho Commission approved the 2026 wildfire mitigation plan and the 2026–2032 RFP; regulatory progress includes CPCNs for transmission and generation projects and pending sale filings for the Oregon service area—demonstrating regulatory momentum.
Financing Execution Progress
Executed $155 million of forward ATM sales in Q1 and settled nearly $52 million from prior forwards; over $750 million of planned equity has been settled or executed to date. Management reiterated a target capital structure near 50/50 equity/debt and expects to finance incremental spend consistent with that target.
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 |
|---|---|---|---|
Apr 30, 2026 | $143.38 | $146.85 | +2.42% |
Feb 19, 2026 | $140.89 | $137.47 | -2.43% |
Oct 30, 2025 | $131.23 | $128.60 | -2.00% |
Jul 31, 2025 | $119.36 | $122.08 | +2.28% |
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 Jul 30, 2026, Before Open (Confirmed).
What is Idacorp (IDA) earnings time?
Idacorp (IDA) earnings time is at Jul 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 (Q2) is 1.8.