---
schema_version: "secwatch.filing_event.v1"
accession: "0001057877-23-000028"
form_type: "8-K"
ticker: "IDA"
cik: "0001057877"
company_name: "IDACORP INC"
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T19:41:47.567355+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# IDACORP Q1 EPS $1.11 beats year-ago $0.91; reaffirms FY guidance $4.95-$5.15

## Summary
- Net income $56.1M, up from $46.3M; diluted EPS $1.11 vs $0.91 in Q1 2022.
- Customer growth of 2.2% added ~13,500 customers, contributing $2.7M to operating income.
- Higher retail revenues per MWh (+$8.5M) due to June 2022 rate order for coal asset depreciation.
- Transmission wheeling revenues rose $5.1M on higher tariff rates and elevated western US energy prices.
- Full-year 2023 EPS guidance reaffirmed at $4.95-$5.15; expects ~$15M additional ADITC amortization.

## SEC filing metadata
- accession: 0001057877-23-000028
- form_type: 8-K
- ticker: IDA
- cik: 0001057877
- company_name: IDACORP INC
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1057877/000105787723000028/0001057877-23-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1057877/000105787723000028/ida-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001057877-23-000028
- JSON: https://secwatch.observer/filing/0001057877-23-000028.json
- Plain text: https://secwatch.observer/filing/0001057877-23-000028.txt

## Key facts
- Earnings Releases
  IDACORP INC reported the quarter ended March 31, 2023 results: net income $56.1 million, EPS $1.11 per diluted share. Guidance reaffirmed.
  - Period: the quarter ended March 31, 2023
  - Net income: $56.1 million
  - EPS: $1.11 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: IDACORP, Inc. (NYSE: IDA) reported first quarter 2023 net income attributable to IDACORP of $56.1 million, or $1.11 per diluted share, compared with $46.3 million, or $0.91 per diluted share, in the first quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1057877/000105787723000028/0001057877-23-000028-index.htm

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