
• Reported GAAP EPS of $1.24 up 12.73% YoY • Reported revenue of $403.41M down -6.72% YoY • Idaho Power forecasts capital expenditures (excluding AFUDC) of $1.3-$1.5 billion in 2026, $1.4-$1.6 billion in 2027, and $3.6-$4.1 billion from 2028-2030, for significant infrastructure investments.
Bullish
IDACORP achieved strong net income and EPS growth, benefited from favorable regulatory outcomes supporting rates, and made significant progress on strategic infrastructure and new generation capacity projects.
Bearish
IDACORP experienced decreased retail and wholesale energy sales volumes due to milder weather, increased operating expenses from wildfire mitigation, and faced credit rating downgrades for both IDACORP and Idaho Power.