Idacorp Inc (IDA, Financial) is set to release its Q3 2024 earnings on Oct 31, 2024. The consensus estimate for Q3 2024 revenue is $626.82 million, and the earnings are expected to come in at $2.18 per share. The full year 2024's revenue is expected to be $1.83 billion and the earnings are expected to be $5.41 per share. More detailed estimate data can be found on the Forecast page.
Idacorp Inc (IDA, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Idacorp Inc (IDA) for the full year 2024 have increased from $1.82 billion to $1.83 billion. For 2025, the estimates have risen from $1.93 billion to $1.94 billion. Earnings estimates for the full year 2024 have remained steady at $5.41 per share, while for 2025, they have increased from $5.77 per share to $5.79 per share.
Idacorp Inc (IDA, Financial) Reported History
In the previous quarter of 2024-06-30, Idacorp Inc's (IDA) actual revenue was $451.04 million, which beat analysts' revenue expectations of $440.15 million by 2.47%. Idacorp Inc's (IDA) actual earnings were $1.71 per share, which beat analysts' earnings expectations of $1.393 per share by 22.76%. After releasing the results, Idacorp Inc (IDA) was up by 4.66% in one day.
Idacorp Inc (IDA, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 8 analysts, the average target price for Idacorp Inc (IDA) is $109.63 with a high estimate of $118 and a low estimate of $100. The average target implies an upside of 7.54% from the current price of $101.94.
Based on GuruFocus estimates, the estimated GF Value for Idacorp Inc (IDA, Financial) in one year is $123.84, suggesting an upside of 21.48% from the current price of $101.94.
Based on the consensus recommendation from 8 brokerage firms, Idacorp Inc's (IDA, Financial) average brokerage recommendation is currently 2.8, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
