Idacorp Q4 EPS $0.61 Beats $0.60 Estimate
Portfolio Pulse from Benzinga Newsdesk
Idacorp (NYSE:IDA) reported Q4 earnings of $0.61 per share, surpassing the analyst consensus estimate of $0.60 by 1.67%. However, this represents a 26.51% decrease from the $0.83 per share reported in the same period last year.

February 15, 2024 | 11:34 am
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Idacorp reported Q4 earnings of $0.61 per share, exceeding estimates but showing a significant decrease from last year.
While Idacorp's earnings beat the analyst consensus, the significant year-over-year decrease could temper investor enthusiasm. The beat might provide some short-term positive sentiment, but the decline in earnings compared to the previous year could raise concerns about the company's growth trajectory and profitability, potentially leading to a neutral short-term impact on the stock price.
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