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IDA

Idacorp, Inc.

$115.13

Earnings Summary

Revenue
$358.72Mn
Net Profits
$64.29Mn
Net Profit Margins
17.92%
PE Ratio
24.19

Highlights

Revenue:

Idacorp, Inc.’s revenue fell -0.38% since last year same period to $358.72Mn in the Q2 2022. On a quarterly growth basis, Idacorp, Inc. has generated 4.19% jump in its revenue since last 3-months.

Net Profits:

Idacorp, Inc.’s net profit fell -8.19% since last year same period to $64.29Mn in the Q2 2022. On a quarterly growth basis, Idacorp, Inc. has generated 38.97% jump in its net profits since last 3-months.

Net Profit Margins:

Idacorp, Inc.’s net profit margin fell -7.85% since last year same period to 17.92% in the Q2 2022. On a quarterly growth basis, Idacorp, Inc. has generated 33.38% jump in its net profit margins since last 3-months.

PE Ratio:

Idacorp, Inc.’s price-to-earnings ratio after this Q2 2022 earnings stands at 24.19.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Idacorp, Inc. post its latest quarter earnings

EPS Estimate Current Quarter
1.31
EPS Estimate Current Year
1.31

Highlights

EPS Estimate Current Quarter:

Idacorp, Inc.’s earning per share (EPS) estimates for the current quarter stand at 1.31 - a 42.39% jump from last quarter’s estimates.

EPS Estimate Current Year:

Idacorp, Inc.’s earning per share (EPS) estimates for the current year stand at 1.31.

Key Ratios

Key ratios of the Idacorp, Inc. post its Q2 2022 earnings

Return on Assets (ROA)
0.03
Return on Equity (ROE)
0.09
Dividend Per Share (DPS)
2.96

Highlights

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Idacorp, Inc.’s return on assets (ROA) stands at 0.03.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Idacorp, Inc.’s return on equity (ROE) stands at 0.09.

Dividend Per Share (DPS):

Idacorp, Inc. declared 2.96 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-05
0.92
0.91
-1.09%

Company Information

IDACORP, Inc., Boise, Idaho-based and formed in 1998, is a holding company comprised of Idaho Power Company, a regulated electric utility; IDACORP Financial, a holder of affordable housing projects and other real estate investments; and Ida-West Energy, an operator of small hydroelectric generation projects that satisfy the requirements of the Public Utility Regulatory Policies Act of 1978. Idaho Power began operations in 1916 and employs approximately 2,000 people to serve a 24,000 square-mile service area in southern Idaho and eastern Oregon. Idaho Power's goal of 100% clean energy by 2045 builds on its long history as a clean-energy leader providing reliable service at affordable prices. With 17 low-cost hydropower projects at the core of its diverse energy mix, Idaho Power's more than 570,000 residential, business, and agricultural customers pay among the nation's lowest prices for electricity.

Organisation
Idacorp, Inc.
Headquarters
Boise, Idaho, US
Employees
1.95K
Industry
Utilities
CEO
Lisa Grow