Idacorp Inc expected to post earnings of 60 cents a share - Earnings Preview

IDACORP

13/02/2024 14:01

* Idacorp Inc  IDA.N   IDA  is expected to show a fall in
quarterly revenue when it reports  results on February 15 for
the period ending December 31 2023
    * The Boise Idaho-based  company is expected to report a
36.4% decrease in revenue to $269.186 million from $422.96
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data. (Sales is on Total operating
revenue.)
    * ​LSEG's mean analyst estimate for Idacorp Inc is for
earnings of
60 cents 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
$99.00​, above​ its last closing price of $89.66. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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​
 Dec. 31 2022  0.83        0.82       0.83      Beat    0.8
 ​​Sep.        2.07        2.03       2.10      Beat    3.7
 30 2022                                                
 Jun. 30 2022  1.33        1.31       1.27      Missed  -3.1​
 Mar. 31 2022  0.92        0.92       0.91      Missed  -0.7
 Dec. 31 2021  0.44        0.53       0.65      Beat    22.6
 This summary was machine generated February 13 at 14:01 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)