---
schema_version: "secwatch.filing_event.v1"
accession: "0001057877-23-000046"
form_type: "8-K"
ticker: "IDA"
cik: "0001057877"
company_name: "IDACORP INC"
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T07:03:56.385139+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# IDACORP Q2 net income $68.6M ($1.35 EPS) beats prior year; FY guidance reaffirmed

## Summary
- Q2 EPS $1.35 vs $1.27 in Q2 2022; net income rose $4.3M to $68.6M.
- Customer growth of 2.1% (13,100 new customers) boosted operating income by $4.1M.
- FY2023 EPS guidance reaffirmed at $4.95-$5.15; expects ~$15M additional ADITC amortization.
- O&M expenses fell $3.4M YoY due to lower cyclical plant maintenance costs.
- Depreciation rose $12.3M YoY mainly from Bridger Order impacts and higher plant-in-service.

## SEC filing metadata
- accession: 0001057877-23-000046
- form_type: 8-K
- ticker: IDA
- cik: 0001057877
- company_name: IDACORP INC
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1057877/000105787723000046/0001057877-23-000046-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1057877/000105787723000046/ida-20230803.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001057877-23-000046
- JSON: https://secwatch.observer/filing/0001057877-23-000046.json
- Plain text: https://secwatch.observer/filing/0001057877-23-000046.txt

## Key facts
- Earnings Releases
  IDACORP INC reported full-year 2023 results: EPS $4.95 to $5.15 per diluted share. Guidance reaffirmed.
  - Period: full-year 2023
  - EPS: $4.95 to $5.15 per diluted share
  - Guidance: reaffirmed
  - Result: guidance update
  source text: IDACORP is reaffirming its previously reported full-year 2023 earnings guidance in the range of $4.95 to $5.15 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1057877/000105787723000046/0001057877-23-000046-index.htm
- Earnings Releases
  IDACORP INC reported quarter ended June 30, 2023 results: net income $68.6 million, EPS $1.35 per diluted share.
  - Period: quarter ended June 30, 2023
  - Net income: $68.6 million
  - EPS: $1.35 per diluted share
  - Result: reported results
  source text: On August 3, 2023, IDACORP, Inc. ("IDACORP”) issued a press release reporting its financial results for the quarter ended June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1057877/000105787723000046/0001057877-23-000046-index.htm
- Earnings Releases
  IDACORP INC reported second quarter 2023 results: net income $68.6 million, EPS $1.35 per diluted share. Guidance reaffirmed.
  - Period: second quarter 2023
  - Net income: $68.6 million
  - EPS: $1.35 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: IDACORP, Inc. (NYSE: IDA) reported second quarter 2023 net income attributable to IDACORP of $68.6 million, or $1.35 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1057877/000105787723000046/0001057877-23-000046-index.htm

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