Sector • Utilities Industry • Electric Utilities |
Industry • Electric Utilities |
Sector • Utilities |
Earnings Jumped by 28.04 % at the Electric Utilities company in the financial span ending December 31 2022
company recorded fourth quarter of 2022 operating surplus of $56.78 millions
Published Feb 17 2023
CSIMarket Team / CSIMarket.com
In comparison to the prior period profit plummeted by -60.55 % from $2.10 per share and Revenues fell by -18.35 % from $518.01 millions.
Net earnings of $42.160 millions in the financial span ending December 31 2022 increased by 28.36 % from net earnings of $32.845 millions reported in the financial span ending December 31 2022 a year ago. Although operating margin fell to 13.42%, in the financial span ending December 31 2022, the Electric Utilities company's net margin actually improved to 9.97%.
Operating earnings, on the other hand, improved just 9.31% to $56.78 millions. Analyzing further the financial results for the fiscal period 2022, Idacorp Inc declared Revenues of $1.64 billions and net profits of $259.56 millions.
Electric Utilities company noticed also, that Income improved by 5.36 % to $5.11 per share from $4.85 in the preceding fiscal period , addsRevenues advanced by 12.75 % from $1.46 billions a year ago.
Idacorp Inc is expected to report next financial recent numbers on May 04, 2023.
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Idacorp Inc*s Q3 2023 Sees Incremental Growth Despite Challenging Trends
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