---
schema_version: "secwatch.filing_event.v1"
accession: "0001057877-24-000042"
form_type: "8-K"
ticker: "IDA"
cik: "0001057877"
company_name: "IDACORP INC"
filed_at: "2024-08-01T23:59:59+00:00"
generated_at: "2026-05-31T13:37:25.389516+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# IDACORP Q2 EPS $1.71 vs $1.35 YoY; raises lower-end 2024 guidance to $5.30-$5.45

## Summary
- Net income $89.5M ($1.71/diluted share) vs $68.6M ($1.35) in Q2 2023, driven by customer growth, usage, and rate changes.
- Full-year 2024 EPS guidance lower-end raised to $5.30-$5.45 from $5.25; expects $35-$50M additional ADITC use.
- Customer count grew 2.6% (+16,200) over trailing 12 months; irrigation usage up 17% due to warmer weather.
- O&M expenses rose $13.8M vs prior Q2, primarily from $8M wildfire mitigation/insurance and $4M pension costs.
- Idaho Power depreciation up $7.6M on increased plant-in-service; capex guidance unchanged at $925-$975M.

## SEC filing metadata
- accession: 0001057877-24-000042
- form_type: 8-K
- ticker: IDA
- cik: 0001057877
- company_name: IDACORP INC
- filed_at: 2024-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1057877/000105787724000042/0001057877-24-000042-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/49648/000105787724000042/ida-20240801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001057877-24-000042
- JSON: https://secwatch.observer/filing/0001057877-24-000042.json
- Plain text: https://secwatch.observer/filing/0001057877-24-000042.txt

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