Idacorp Expects FY24 EPS Of $5.25-$5.45 Vs. $5.46 Est.
Portfolio Pulse from Benzinga Newsdesk
Idacorp has provided its earnings per share (EPS) guidance for fiscal year 2024, projecting an EPS range of $5.25 to $5.45. This forecast falls below the analyst estimate of $5.46.
February 15, 2024 | 11:35 am
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Idacorp projects its FY24 EPS to be between $5.25 and $5.45, which is below the analyst estimate of $5.46.
Idacorp's projected EPS for FY24 being lower than analyst estimates suggests potential underperformance compared to market expectations. This could lead to a negative short-term impact on the stock price as investors adjust their expectations based on the new guidance.
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