What's Next: Idacorp's Earnings Preview
Portfolio Pulse from Benzinga Insights
Idacorp (NYSE:IDA) is set to release its quarterly earnings report on October 31, 2024. Analysts expect an EPS of $2.19. The company previously beat EPS estimates, leading to a slight share price increase. Idacorp has a Neutral consensus rating with a 5.45% potential upside. The company shows strong revenue growth but lags in gross profit and return on equity.
October 30, 2024 | 6:05 pm
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Idacorp is expected to release its earnings report with an anticipated EPS of $2.19. The company has shown strong revenue growth but needs to improve profitability metrics like gross profit and return on equity. Analysts have a Neutral rating with a potential 5.45% upside.
Idacorp's upcoming earnings report is highly anticipated, with analysts expecting an EPS of $2.19. The company's past performance of beating EPS estimates has led to positive stock price movements. Despite strong revenue growth, Idacorp's profitability metrics like gross profit and return on equity are areas of concern. The Neutral analyst rating and potential upside suggest a cautiously optimistic outlook.
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