IDACORP Q2 EPS $1.79 Beats, Raises 2026 Guidance Floor to $6.30
IDA sits 23% above its 52-week low of $120.695.
Summary
IDACORP reported Q2 2026 EPS of $1.79, up from $1.76 a year ago, driven by rate increases and customer growth. The company raised the lower end of its full-year 2026 guidance to $6.30-$6.45 per share, signaling confidence in continued strong performance. 250 MW of battery storage came online in June, supporting infrastructure expansion funded by large contract customers. The guidance assumes normal weather and limited use of additional tax credits. This follows the $600M at-the-market equity program launched in May, providing capital for growth.
At the time of this announcement, IDA was trading at $148.70 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $8B. The 52-week trading range was $120.70 to $154.91. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: BusinessWire.