Idacorp Inc expected to post earnings of $1.15 a share - Earnings Preview

IDACORP

30/04/2024 15:40

* Idacorp Inc  IDA.N   IDA  is expected to show a fall in
quarterly revenue when it reports  results on May 2 for the
period ending March 31 2024
    * The Boise Idaho-based  company is expected to report a
10.0% decrease in revenue to $386.727 million from $429.66
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Idacorp Inc is for
earnings of
$1.15 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Idacorp Inc
is
$95.00​, above​ its last closing price of $94.89. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.59        0.60       0.61      Beat    2
 Sep. 30 2023  2.01        1.98       2.07      Beat    4.4
 Jun. 30 2023  1.24        1.24       1.35      Beat    8.9​
 Mar. 31 2023  0.91        0.92       1.11      Beat    21.1
 ​​Jan.        0.83        0.82       0.83      Beat    0.8
 1 0001                                                 
 Sep. 30 2022  2.07        2.03       2.10      Beat    3.7​
 Jun. 30 2022  1.33        1.31       1.27      Missed  -3.1
 Mar. 31 2022  0.92        0.92       0.91      Missed  -0.7
 This summary was machine generated April 30 at 14:40 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)