Aug. 1 at 4:05 PM
$IDA Q2 earnings meet expectations — but what’s driving growth? 📈
Earnings per share hit
$1.76, aligning with the Zacks Consensus Estimate, aided by higher-than-expected customer usage, customer growth, and rate changes. Meanwhile, net income rose 7% from the prior-year level, signaling solid performance despite revenue slipping slightly below expectations.
See what this means for IDA's outlook 👉 https://www.zacks.com/stock/news/2649464/idacorp-q2-earnings-match-estimates-revenues-lag-eps-view-narrowed?cid=sm-stocktwits-2-2649464-body-5443&ADID=SYND_STOCKTWITS_TWEET_2_2649464_BODY_5443