Welcome to our dedicated page for Idacorp news (Ticker: IDA), a resource for investors and traders seeking the latest updates and insights on Idacorp stock.
Idacorp Inc (IDA) delivers essential electric utility services through subsidiary Idaho Power, serving commercial and industrial sectors across the Northwestern U.S. This news hub provides investors and stakeholders with timely updates on the company's regulated operations, financial performance, and strategic initiatives.
Access official press releases, earnings reports, and regulatory filings in one centralized location. Track developments in energy generation infrastructure, rate case decisions, and sustainability efforts impacting the company's service territory.
Key updates include quarterly financial disclosures, grid modernization projects, and compliance with state utility regulations. Content is organized to help users quickly identify material developments affecting Idacorp's position in the electric utility sector.
Bookmark this page for direct access to verified company announcements. Combine regular monitoring with SEC filings and investor relations materials for comprehensive analysis of Idacorp's performance in regulated energy markets.
BOISE, Idaho--(BUSINESS WIRE)--IDACORP, Inc. (NYSE:IDA) has announced a quarterly common stock dividend of $0.79 per share. This dividend will be payable on May 31, 2023 to shareholders on record as of May 3, 2023. This announcement reflects the company’s commitment to returning value to its shareholders through regular dividend payments.
IDACORP, Inc. (NYSE:IDA) is set to announce its first quarter results on May 4, prior to the market opening. An analyst conference call is scheduled for 2:30 PM MT to discuss these earnings. Interested participants can join via a live Webcast or dial in at (855) 761-5600 using the passcode 3990987. This call will also feature a slide presentation available for registrants before the call. IDACORP is based in Boise, Idaho, operating through Idaho Power and other subsidiaries. The company aims for 100% clean energy by 2045, emphasizing its commitment to affordable and reliable energy.
IDACORP reported a fourth quarter 2022 net income of $42.1 million, or $0.83 per diluted share, up from $32.8 million and $0.65 a year prior. For the full year ended December 31, 2022, net income was $259.0 million, or $5.11 per share, compared to $245.6 million and $4.85 in 2021. The company anticipates 2023 earnings guidance between $4.95 and $5.15 per share. Key growth drivers included increased customer numbers and revenues from retail and transmission. However, cost pressures from inflation and higher supply costs tempered results.
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