Reported Earlier, IDACORP Increases Lower-End Of Its 2024 EPS Guidance, Revising Range From $5.30 - $5.45 To $5.35 - $5.45, Est $5.41
Portfolio Pulse from Benzinga Newsdesk
IDACORP has revised its 2024 EPS guidance, increasing the lower end of the range from $5.30 to $5.35, while maintaining the upper end at $5.45. The estimated EPS is $5.41.
November 01, 2024 | 11:20 am
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IDACORP has increased the lower end of its 2024 EPS guidance range, indicating a positive outlook for earnings. The new range is $5.35 to $5.45, with an estimated EPS of $5.41.
The increase in the lower end of the EPS guidance suggests that IDACORP expects better-than-previously-anticipated earnings performance. This is likely to be viewed positively by investors, potentially leading to a short-term increase in the stock price.
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