Idacorp Reaffirmed FY24 EPS Of $5.25-$5.45 Vs. $5.41 Est.
Portfolio Pulse from Benzinga Newsdesk
Idacorp has reaffirmed its FY24 earnings per share (EPS) guidance to be in the range of $5.25 to $5.45, compared to the estimated $5.41.

May 02, 2024 | 10:33 am
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POSITIVE IMPACT
Idacorp reaffirms its FY24 EPS guidance, aligning closely with analyst estimates.
Reaffirming EPS guidance, especially when it aligns closely with analyst expectations, can instill confidence in investors about the company's financial health and outlook. This transparency and alignment with market expectations are likely to have a positive impact on Idacorp's stock price in the short term, as it reduces uncertainty and demonstrates management's confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100