secwatch.observer — SEC 8-K summary
======================================

Issuer:     IDACORP INC (IDA)
CIK:        0001057877
Form:       8-K
Filed at:   2023-11-02T23:59:59+00:00
Accession:  0001057877-23-000060
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IDACORP Q3 EPS $2.07 vs $2.10; raises 2023 guidance to $5.05-$5.15; settles Idaho rate case
--------------------------------------------------------------------------------

- Q3 net income $105.3M ($2.07 diluted EPS) vs $106.4M ($2.10) in Q3 2022.
- Raises 2023 EPS guidance to $5.05-$5.15 from $4.95-$5.15; ADITC use revised to up to $10M.
- Customer growth added 14,000 accounts (+2.3%); usage per customer fell $17.2M on milder weather.
- Reached settlement in Idaho general rate case, subject to IPUC approval.
- Increases 2023 capex forecast to $675-$725M from $650-$700M; O&M unchanged at $385-$395M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1057877/000105787723000060/0001057877-23-000060-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/49648/000105787723000060/ida-20231102.htm
  HTML page:      https://secwatch.observer/filing/0001057877-23-000060

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