secwatch.observer — SEC 8-K summary
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Issuer:     IDACORP INC (IDA)
CIK:        0001057877
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0001057877-23-000046
Event type: earnings
Sentiment:  positive
Materiality: 0.55
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1057877/000105787723000046/0001057877-23-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1057877/000105787723000046/ida-20230803.htm
  HTML page:      https://secwatch.observer/filing/0001057877-23-000046

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