secwatch.observer — SEC 8-K summary
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Issuer:     IDACORP INC (IDA)
CIK:        0001057877
Form:       8-K
Filed at:   2023-02-16T23:59:59+00:00
Accession:  0001057877-23-000009
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1057877/000105787723000009/0001057877-23-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/49648/000105787723000009/ida-20230216.htm
  HTML page:      https://secwatch.observer/filing/0001057877-23-000009

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