earnings
confidence high
sentiment neutral
materiality 0.70
IDACORP Q4 EPS falls 12% to $0.65; initiates 2022 guidance of $4.85-$5.05
IDACORP INC
2021-FY EPS reported
$4.85
revenue$1,382,653,000
- Q4 net income $32.8M ($0.65 diluted EPS) vs $37.5M ($0.74) in Q4 2020, down 12.5%.
- Full-year 2021 EPS $4.85, up from $4.69 in 2020, marking 14th consecutive year of EPS growth.
- Initiates FY2022 EPS guidance $4.85-$5.05; expects no additional ADITC usage.
- Customer growth 2.8%; 2021 capital expenditure forecast raised ~40% to nearly $800M over 5 years.
- Transmission wheeling revenues increased $16.4M in 2021; other O&M up $9.2M.