NYSE$IDA
IDACORP Inc · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
IDACORP reported a decrease in net income for Q2 2022, primarily due to lower net income at Idaho Power, but increased the bottom-end of its 2022 earnings guidance.
IDACORP's second quarter 2022 net income attributable to IDACORP was $64.3 million, or $1.27 per diluted share, compared to $70.0 million, or $1.38 per diluted share, in the second quarter of 2021. The company is increasing the bottom-end of its previously reported full-year 2022 earnings guidance to the range of $4.95 to $5.05 per diluted share.
- Net income decreased by $5.7 million compared to Q2 2021, mainly due to lower net income at Idaho Power.
- Customer growth at Idaho Power increased operating income by $2.7 million, with a 2.6% increase in customers.
- Lower sales volumes per customer decreased operating income by $25.9 million due to milder weather and greater precipitation.
- The company increased the bottom-end of its full-year 2022 earnings guidance to $4.95 - $5.05 per diluted share.
Headline financials
Revenue & EPS history
IDACORP · Revenue · Quarterly
$345M
Forward guidance
IDACORP is increasing the bottom end of its earnings guidance estimate for 2022. The 2022 guidance incorporates all of the key operating and financial assumptions.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2022
+0.4%
Avg return
Earnings day
+0.7%
Avg return
5 days after
+1.1%
Avg return
30 days after
65%
44 / 68 earnings
Positive
+6.5%
Q2 2024
Best reaction
-6.1%
Q1 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +2.4% | +0.5% | -2.9% | |
| Q4 2025 | -2.4% | +1.1% | -4.4% | |
| Q3 2025 | -2.0% | -3.2% | -1.5% | |
| Q1 2025 | -1.5% | -1.2% | +0.7% | |
| Q4 2024 | +0.6% | +3.3% | +2.0% | |
| Q3 2024 | +3.6% | +7.2% | +16.0% | |
| Q2 2024 | +6.5% | +3.5% | +4.3% | |
| Q1 2024 | +0.2% | +0.8% | -0.5% | |
| Q4 2023 | +1.8% | +2.2% | +4.3% | |
| Q3 2023 | +4.4% | +0.1% | +2.0% | |
| Q2 2023 | -3.2% | -3.1% | -5.6% | |
| Q1 2023 | +0.1% | -1.5% | -5.1% | |
| Q4 2022 | +3.8% | +2.7% | +5.0% | |
| Q3 2022 | +1.7% | -0.4% | +6.4% | |
| Q2 2022 | -1.0% | +1.4% | -1.3% | |
| Q1 2022 | +0.8% | +0.4% | +0.8% | |
| Q4 2021 | -0.6% | -1.9% | +6.6% | |
| Q3 2021 | +0.3% | +1.8% | +2.8% | |
| Q2 2021 | -0.1% | +1.3% | +0.1% | |
| Q1 2021 | +2.8% | +2.5% | -1.7% | |
| Q4 2020 | +1.4% | +2.3% | +15.3% | |
| Q3 2020 | -0.9% | +2.7% | +4.0% | |
| Q2 2020 | -1.6% | -2.9% | -6.6% | |
| Q1 2020 | -6.1% | -3.6% | -1.1% | |
| Q4 2019 | -0.0% | -2.6% | -33.0% | |
| Q3 2019 | -0.8% | -3.2% | -3.5% | |
| Q2 2019 | +0.8% | +1.2% | +7.6% | |
| Q1 2019 | +1.6% | +1.2% | +1.5% | |
| Q4 2018 | +1.1% | -0.2% | +1.8% | |
| Q3 2018 | +1.5% | +3.8% | +5.3% | |
| Q2 2018 | +1.3% | +2.4% | +5.3% | |
| Q1 2018 | +1.0% | -2.2% | -1.7% | |
| Q4 2017 | +2.9% | -0.2% | +2.1% | |
| Q3 2017 | +1.5% | +3.6% | +7.6% | |
| Q2 2017 | -0.2% | +1.4% | +3.0% | |
| Q1 2017 | +1.8% | +0.1% | +7.7% | |
| Q4 2016 | +2.5% | +2.6% | +2.8% | |
| Q3 2016 | +0.9% | +0.8% | +2.6% | |
| Q2 2016 | +1.3% | +1.1% | -5.4% | |
| Q1 2016 | +0.0% | — | — | |
| Q4 2015 | +3.1% | — | — | |
| Q3 2015 | -1.9% | — | — | |
| Q2 2015 | +2.7% | — | — | |
| Q1 2015 | -3.2% | — | — | |
| Q4 2014 | +1.1% | — | — | |
| Q3 2014 | +2.7% | — | — | |
| Q2 2014 | -0.8% | — | — | |
| Q1 2014 | -3.1% | — | — | |
| Q4 2013 | +2.3% | — | — | |
| Q3 2013 | -0.5% | — | — | |
| Q2 2013 | +0.1% | — | — | |
| Q1 2013 | +1.3% | — | — | |
| Q4 2012 | -0.2% | — | — | |
| Q3 2012 | -1.0% | — | — | |
| Q2 2012 | +3.0% | — | — | |
| Q1 2012 | -3.5% | — | — | |
| Q4 2011 | -1.0% | — | — | |
| Q3 2011 | +1.5% | — | — | |
| Q2 2011 | -3.3% | — | — | |
| Q1 2010 | +0.7% | — | — | |
| Q1 2011 | +1.8% | — | — | |
| Q4 2010 | -1.6% | — | — | |
| Q3 2010 | +0.2% | — | — | |
| Q3 2009 | +0.2% | — | — | |
| Q2 2009 | +0.2% | — | — | |
| Q4 2009 | +0.2% | — | — | |
| Q4 2008 | +0.2% | — | — | |
| Q2 2010 | +0.2% | — | — |
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