secwatch.observer — SEC 8-K summary
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Issuer:     IDACORP INC (IDA)
CIK:        0001057877
Form:       8-K
Filed at:   2024-10-31T23:59:59+00:00
Accession:  0001057877-24-000049
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IDACORP Q3 EPS $2.12, beats prior year; raises 2024 guidance to $5.35-$5.45
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- Net income $113.6M ($2.12/diluted share) vs $105.3M ($2.07) in Q3 2023, up 7.9%.
- Full-year 2024 EPS guidance raised to $5.35-$5.45 (prev $5.30-$5.45); ADITC expectation narrowed to $25-35M.
- Customer growth added 16,500 accounts (+2.6% YoY); usage per customer increased due to warmer weather.
- Idaho Power plans to add company-owned battery storage and first-ever wind project in Wyoming via RFP.
- O&M expenses rose $47.9M YTD, driven by pension (+$13M) and wildfire mitigation (+$22M) costs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1057877/000105787724000049/0001057877-24-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/49648/000105787724000049/ida-20241031.htm
  HTML page:      https://secwatch.observer/filing/0001057877-24-000049

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