IDACORP Boosts FY24 EPS Outlook As Q2 Earnings Top Estimates

RTTNews | 145 days ago
Stocktwits
IDACORP Boosts FY24 EPS Outlook As Q2 Earnings Top Estimates

(RTTNews) - While reporting financial results for the second quarter on Thursday, electric utility IDACORP, Inc. (IDA) raised its earnings guidance for the full year 2024.

For fiscal 2024, the company now projects earnings in a range of $5.30 to $5.45 per share, up from the prior forecast range of $5.25 to $5.45 per share.

On average, five analysts polled by Thomson Reuters expect the company to report earnings of $5.39 per share for the year. Analysts' estimates typically exclude special items.

For the second quarter, the company reported net income attributable to IDACORP of $80.52 million or $1.71 per share, higher than $68.57 million or $1.35 per share in the prior-year quarter. The Street was looking for earnings of $1.37 per share for the quarter.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Tags: IDA
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Canadian Dollar Rises Against Majors

Canadian Dollar Rises Against Majors

The Canadian dollar strengthened against other major currencies in the Asian session on Wednesday. The Canadian dollar rose to more than a 4-1/2-month high of 0.8943 against the Australian dollar, from yesterday's closing value of 0.8955.
RTTNews | 5h 36min ago
Japan Leading Index Data Due On Wednesday

Japan Leading Index Data Due On Wednesday

Japan will on Wednesday see October results for its leading and coincident indexes, highlighting a light day for Asia-Pacific economic activity.
RTTNews | 11h 42min ago
TSX Ends Shortened Session On Firm Note

TSX Ends Shortened Session On Firm Note

The Canadian market ended the shortened trading session on Tuesday modestly higher thanks to gains in energy and technology sectors. The volume of business remained rather thin as investors refrained from making significant moves ahead of Christmas and Boxing Day holidays.
RTTNews | 15h 59min ago
Pound Climbs Against Majors

Pound Climbs Against Majors

The pound rose against its major counterparts in the New York session on Tuesday.
RTTNews | 18h 21min ago
Bay Street Likely To Open Slightly Higher

Bay Street Likely To Open Slightly Higher

Canadian shares are likely to open higher on Tuesday, and trading may be a bit lackluster and volumes rather thin as the market will close at 1 pm, and remain closed on Wednesday and Thursday for Christmas and Boxing Day holidays.
RTTNews | 21h 42min ago
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