The earnings call highlighted strong financial performance with increased earnings per share and customer growth. Significant investments by major customers and improved hydropower conditions were positives. However, increased expenses and ongoing concerns about regulatory lag were noted as challenges.
Company Guidance
During IDACORP's first quarter 2025 earnings call, the company reaffirmed its full-year diluted earnings per share guidance of $5.65 to $5.85, with expectations that Idaho Power will utilize additional tax credit amortization between $60 million and $77 million. The call highlighted a 2.6% customer base growth, including a 2.9% increase in residential customers, driven by significant investments such as Chobani's $500 million expansion and Tractor Supply Company's $225 million distribution center. IDACORP achieved a diluted earnings per share of $1.10 for the first quarter, up from $0.95 the previous year. The company anticipates retail sales growth of 8.3% annually over the next five years. Key projects in progress include an 80-megawatt battery project, a 150-megawatt storage agreement, and the Jackalope wind project pending regulatory approval. Additionally, IDACORP is monitoring potential tariff impacts on its projects and submitted a notice of intent for a general rate case, aiming for rates effective by January 2026. Hydropower generation forecasts have improved with snowpack at 108% of normal, supporting strong reservoir storage.
Earnings Per Share Increase
IDACORP's diluted earnings per share increased to $1.10 from $0.95 in the previous year's first quarter.
Customer Growth
The customer base grew by 2.6% overall, with a 2.9% increase in residential customers.
Significant Customer Investments
Chobani announced a $500 million expansion in Southern Idaho, and Tractor Supply Company broke ground on a $225 million facility in Nampa.
Hydropower and Snowpack Conditions
Improved hydropower generation forecast with snowpack at 108% of normal.
New Legislation
Governor Little signed the Wildfire Standard of Care Act to establish standards for wildfire mitigation.
IdaCorp (IDA) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
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
May 01, 2025
$117.22
$115.45
-1.51%
Feb 20, 2025
$111.23
$111.90
+0.60%
Oct 31, 2024
$99.82
$101.10
+1.28%
Aug 01, 2024
$94.74
$99.16
+4.67%
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 31, 2025, TBA Not Confirmed.
What is Idacorp (IDA) earnings time?
Idacorp (IDA) earnings time is at Jul 31, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.