IDACORP Q2 profit rises to $1.71 a share; raises low end of 2024 earnings guidance
IDACORP reported second quarter 2024 net income attributable to IDACORP of $89.5 million, or $1.71 per diluted share, up from $68.6 million, or $1.35 per diluted share, a year earlier. The company raised the low end of its full-year 2024 earnings guidance to $5.30 to $5.45 per diluted share from $5.25 to $5.45, citing higher customer usage, customer growth and rate changes, partly offset by higher depreciation.
Key points
- Q2 2024 net income $89.5 million ($1.71 per diluted share) vs. $68.6 million ($1.35) in Q2 2023
- Six-month 2024 earnings $2.67 per diluted share vs. $2.46 in the first half of 2023
- 2024 earnings guidance now $5.30 to $5.45 per diluted share vs. previous $5.25 to $5.45, as of August 1, 2024
- Idaho Power expects to use $35 million to $50 million of additional tax credits in 2024, with the range previously $35 million to $60 million
The filing
Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 01, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.