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Idacorp Inc   (IDA)
Other Ticker:  
 
    Sector  Utilities    Industry Electric Utilities
   Industry Electric Utilities
   Sector  Utilities


 

Idacorp Inc

IDA's Financial Statements and Analysis



Idacorp Inc reported in the forth quarter of 2023 net earnings per share of $0.61 a decrease by -26.04 % year on year from $0.83 and decline of -70.4 % from $2.07 earned in III. Quarter (Sep 30 2023).


forth quarter of 2023
Earnings Per Share Revenues
$ 0.61 $  412 Mill
$-0.22     -26.04 % $-11M     -2.6 %



Idacorp Inc 's Revenue fell by -2.6 % in forth quarter of 2023 (Dec 31 2023) year on year, to $412 million and declined by -19.37 % sequentially.


Idacorp Inc is

More on IDA's Income Statement



Idacorp Inc 's net income of $31.358 million in the forth quarter of 2023 decreased by -25.62 % from net earnings of $42.160 million achieved in IV. Quarter a year ago.

Sequentially net earnings fell by -70.32 % from net income of $105.647 million realized in previous quarter.

More on IDA's Growth

Idacorp Inc Inventories
Inventories grew by 35.16 % to $20 million from IV. Quarter a year ago, sequentially inventories fell by -4.76 %. In Dec 31 2023 company's net cash and cash equivalents decreased by $-118 million, capital expenditures fell by -127.31844.46%, to $-184 millions compare to same quarter a year ago

More on IDA's Cash flow Statement


Idacorp Inc payed out dividend of $3.22 per share in last 52 weeks representing 62.65 % of net earning per share in trailing twelve-month period.

During the same period Idacorp Inc earned $ 5.25 cash per share, on a free-cash flow basis 102.23 % of net earning per share.

Book value fell by -0.50 % sequentially to $57.36 per share.
Tangible Book value fell to $ 57.36 per share from $ 57.65.

Company issued 0.01 million shares or 0.02 % in Dec 31 2023.
Interest Coverage Ratio was 15.45. Debt Coverage Ratio was 0.16.

More on IDA's Dividends

 Market Capitalization (Millions) 4,598
 Shares Outstanding (Millions) 51
 Total Debt (Millions $) 50
 Revenue (TTM) (Millions $) 1,766
 Net Income (TTM) (Millions $) 262
 Cash Flow (TTM) (Millions $) 150
 Capital Exp. (TTM) (Millions $) -611
 Dividend TTM ($) 3.22 $
 Dividend Yield TTM (%) 3.74 %
 Employees (TTM) $ 2,157




Idacorp Inc payed out dividend of $3.22 per share in the last 52 weeks representing 62.65 % of net earning per share in trailing twelve-month period.

During the same period Idacorp Inc had $ 5.25 cash flow per share, on a free-cash flow basis 102.23 % of net earning per share.

Book value fell by -0.50 % sequentially to $57.36 per share.
Tangible Book value fell to $ 57.36 per share from $ 57.65.

Company issued 0.01 million shares or 0.02 % in Dec 31 2023.
Interest Coverage Ratio was 15.45. Debt Coverage Ratio was 0.16.

More on IDA's Balance Sheets

 Market Capitalization (Millions) 4,598
 Shares Outstanding (Millions) 51
 Total Debt (Millions $) 50
 Revenue (TTM) (Millions $) 1,766
 Net Income (TTM) (Millions $) 262
 Cash Flow (TTM) (Millions $) 150
 Capital Exp. (TTM) (Millions $) -611
 Dividend TTM ($) 3.22 $
 Dividend Yield TTM (%) 3.74 %
 Employees (TTM) $ 2,157
   


  News about Idacorp Inc Earnings

Headline: Idacorp Inc Reports Minimal Revenue Decrease in Q4 2022, Shows Resilience Despite Challenging Climate

dacorp Inc., a prominent electric utilities company, recently announced its financial results for the fiscal period ending December 31, 2023. The results reflected a deterioration in earnings per share (EPS) and a decrease in revenue, both on a yearly and quarterly basis. The company experienced a decline in net income and a reduction in profitability margins. However, it is crucial to analyze these results in the context of market trends and industry conditions.
Deteriorating Financial Results:
Idacorp Inc. witnessed a significant decline in its earnings per share (EPS), dropping by -26.04% to $0.61 compared to the same period in 2022. Revenue also experienced a negative growth rate, decreasing by -...

Idacorp Inc's Q3 2023 Sees Incremental Growth Despite Challenging Trends



IDA, the major electric utility holding company, recently released its financial results for the third quarter of 2023. The company reported a slight deterioration in earnings per share (EPS) and revenue compared to the same period last year. However, when compared to the previous quarter, both EPS and revenue showed improvements. Net profits also witnessed a minor decline, while operating margin and net margin displayed mixed trends.
EPS for the July to September 30, 2023 period declined by -1.43%, falling to $2.07 from $2.10 in the corresponding quarter of the previous year. Similarly, revenue depreciated by -1.372%, amounting to $510.91 million from $517.84 million in the same period last ye...

Idacorp Inc Reports Significant 15.364% Revenue Uplift for Fiscal Period Ending June 2023, Contradicting Predominant Industry Trends

Idacorp Inc, the electric utilities company, recently released its financial results for the most recent fiscal period, and the numbers have surprised many. Despite the Electric Utilities industry witnessing a negative growth rate of -1.10% in top-line, Idacorp Inc managed to achieve a double-digit revenue growth of 15.364% to $413.84 million. This revenue improvement is a testament to the company's commitment to innovation and customer satisfaction.
Even more impressive is the fact that Idacorp Inc's earnings grew by 6.3% to $1.35 per share, up from $1.11 per share in the prior financial reporting period. This significant increase shows that the company's strategies to drive profitability and efficiency...

Idacorp Inc's Earnings Surge Despite Slower Pace, Reflecting Impressive First Quarter Performance

Investors in the stock market are celebrating the impressive first-quarter performance of Idacorp Inc. In the first quarter of 2023, the company has yielded a return on asset (ROA) of 3.5%, which is significantly above the company's average ROA of 3%. This is a clear indication of the company's growth and success even in the face of economic and market challenges.
Idacorp Inc has also made significant improvements in its ROA compared to the fourth quarter of 2022, thanks to the growth in net income. Although 27 other companies in the utilities sector had a higher return on assets, Idacorp Inc's overall ROA ranking has advanced, movi...


Date modified: 2024-02-15T16:11:49+00:00





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