filecrux
Oct 29, 10:54 AM
$IDA Can IDACORP hit its raised
$6.40–
$6.50 EPS guide while counting on less than
$10M of tax credits?
🏢 IDACORP, parent of the Boise-based utility Idaho Power, earned
$160.2M, or
$2.73 a diluted share, in Q3 2026, up from
$2.26 a year earlier, and it has a market value of about
$7.67B at
$139.73 at 16:00 ET on October 28, 2026
🚀 It raised 2026 guidance to
$6.40–
$6.50 a share from
$6.30–
$6.45 and cut the tax credits it expects to use to less than
$10M from less than
$15M, so the new range relies less on that cushion
⚠️ On the other side, O&M guidance rose to
$535–
$545M from
$525–
$535M, the hydropower range narrowed to 5.5–6.0M MWh from 5.5–6.5M, and the guide assumes normal weather through year-end
📅 Next: Analyst call today at 2:30 p.m. Mountain Time (4:30 p.m. Eastern Time); the 10-Q was filed today
Source: Business Wire release, Oct 29
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