IDACORP IDA 2025Q2 Earnings Preview Upside Potential on Revenue Growth Projections

Forward-Looking Analysis
IDACORP is set to release its Q2 2025 earnings report, with analyst predictions suggesting a stable outlook. The company's earnings per share (EPS) for 2025 is expected to range between $5.65 and $5.85, aligning with analysts' average estimates of $5.85. Analysts forecast IDACORP's earnings growth at 7.17% per annum, which is slightly below the US Utilities - Regulated Electric industry's average of 7.62%, but surpasses the risk-free savings rate of 4.4%. Revenue is anticipated to grow by 6.32% annually, exceeding the industry average growth rate of 4.31%. Despite a consensus "Buy" rating from analysts, IDACORP's Zen Rating suggests a "Hold". The average 12-month price target is $124.00, indicating a modest upside potential of 0.61% from the current price. Overall, earnings and revenue growth are projected to be steady, though not extraordinary, marking a neutral to positive outlook for the company.

Historical Performance Review
In its 2025Q1 earnings report, IDACORP posted a revenue of $431.95 million, with a net income of $59.66 million. The earnings per share (EPS) rose to $1.10, surpassing the previous year's $0.95. The company achieved a gross profit of $241.26 million, reflecting strong performance and growth in profitability compared to the prior year's figures. Analysts had expected an EPS of $1.03, highlighting IDACORP's ability to exceed market expectations and deliver commendable financial results.

Additional News
Recent developments for IDACORP include the reaffirmation of its 2025 earnings guidance range between $5.65 to $5.85 per diluted share, with Idaho Power projected to utilize between $60 million and $77 million in operations. The company continues to maintain its strategic position within the regulated electric utility sector. Furthermore, IDACORP's stock has received a consensus "Buy" rating from analysts, with a notable price target forecast indicating potential growth. Despite analysts' optimism, the Zen Rating model suggests a "Hold" due to cautiousness over return efficiency metrics like ROE and ROA, which are lower than industry averages.

Summary & Outlook
IDACORP's overall financial health appears stable, with consistent revenue and earnings growth projected over the next few years. The company's ability to maintain a positive earnings trajectory, coupled with its strategic operational plans, supports a neutral to bullish outlook. Key growth catalysts include forecasted revenue expansion and efficient cost management. However, potential risks lie in its relatively modest return on equity and assets compared to industry averages. In conclusion, IDACORP stands poised for steady growth, with analysts displaying cautious optimism regarding its future prospects.