secwatch.observer — SEC 8-K summary
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Issuer:     IDACORP INC (IDA)
CIK:        0001057877
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0001057877-23-000028
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1057877/000105787723000028/0001057877-23-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1057877/000105787723000028/ida-20230504.htm
  HTML page:      https://secwatch.observer/filing/0001057877-23-000028

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer