IdaCorp: Fourth Quarter Earnings Overview

IdaCorp Reports Strong Fourth-Quarter Earnings

IdaCorp Inc., headquartered in Boise, Idaho, announced a net profit of $43.6 million for the fourth quarter.

The company’s earnings translated to 78 cents per share, exceeding the 74 cents per share forecasted by analysts surveyed by Zacks Investment Research.

During the quarter, the utility company generated $405.2 million in revenue.

For the full year, IdaCorp achieved a total profit of $323.5 million, or $5.90 per share, with annual revenue reaching $1.81 billion.

Financial data for this report was provided by Zacks Investment Research and compiled by Automated Insights.