Idacorp Q2 2024 GAAP EPS $1.71 Beats $1.39 Estimate, Sales $451.039M Beat $440.150M Estimate
Portfolio Pulse from Benzinga Newsdesk
Idacorp (NYSE:IDA) reported strong Q2 2024 earnings, with GAAP EPS of $1.71 beating the $1.39 estimate and sales of $451.039M surpassing the $440.150M estimate. This represents a 26.67% increase in EPS and an 8.99% increase in sales compared to the same period last year.
August 01, 2024 | 12:14 pm
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Idacorp reported strong Q2 2024 earnings, with GAAP EPS of $1.71 beating estimates by 23.02% and sales of $451.039M surpassing estimates by 2.47%. This indicates robust financial performance and growth.
Idacorp's Q2 2024 earnings significantly exceeded analyst expectations, with a notable 26.67% increase in EPS and an 8.99% increase in sales year-over-year. This strong performance is likely to positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100