---
schema_version: "secwatch.filing_event.v1"
accession: "0001057877-23-000009"
form_type: "8-K"
ticker: "IDA"
cik: "0001057877"
company_name: "IDACORP INC"
filed_at: "2023-02-16T23:59:59+00:00"
generated_at: "2026-06-19T08:38:40.628358+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# IDACORP reports record FY2022 EPS of $5.11, initiates 2023 guidance $4.95-$5.15

## Summary
- Q4 net income $42.1M ($0.83/diluted) vs $32.8M ($0.65) YoY; FY net income $259M ($5.11) vs $245.6M ($4.85) YoY.
- 2023 EPS guidance $4.95-$5.15; expects ~$15M additional tax credits under Idaho earnings support mechanism.
- Customer growth of 2.4% added $12.1M to operating income; Q4 heating-degree days up 21% YoY.
- Bridger Order (coal plant retirement acceleration) to increase net income ~$10M in 2023, declining through 2030.
- O&M expenses up $38.1M in FY2022 from inflation and plant maintenance; 2023 capex guidance $650-$700M.

## SEC filing metadata
- accession: 0001057877-23-000009
- form_type: 8-K
- ticker: IDA
- cik: 0001057877
- company_name: IDACORP INC
- filed_at: 2023-02-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1057877/000105787723000009/0001057877-23-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/49648/000105787723000009/ida-20230216.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001057877-23-000009
- JSON: https://secwatch.observer/filing/0001057877-23-000009.json
- Plain text: https://secwatch.observer/filing/0001057877-23-000009.txt

## Key facts
- Earnings Releases
  IDACORP INC reported the quarter and year ended December 31, 2022 results: net income $42.1 million, or $0.83 per diluted share, compared with $32.8 million, or $0.65 per diluted share, in the fourth quarte, EPS $0.83 per diluted share. Guidance initiated.
  - Period: the quarter and year ended December 31, 2022
  - Net income: $42.1 million, or $0.83 per diluted share, compared with $32.8 million, or $0.65 per diluted share, in the fourth quarte
  - EPS: $0.83 per diluted share
  - Guidance: initiated
  - Result: reported results
  source text: IDACORP, Inc. (NYSE: IDA) reported fourth quarter 2022 net income attributable to IDACORP of $42.1 million, or $0.83 per diluted share, compared with $32.8 million, or $0.65 per diluted share, in the fourth quarter of 2021. For the full year ended December 31, 2022, IDACORP reported net income attributable to IDACORP of $259.0 million, or $5.11 per diluted share, compared with $245.6 million, or $4.85 per diluted share, in 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1057877/000105787723000009/0001057877-23-000009-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.