Idacorp Inc. (IDA) reported third quarter 2012 net income attributable to the company of $92.1 million, or $1.84 per share, compared to $107.1 million, or $2.16 per diluted share, in the third quarter of 2011. Analysts polled by Thomson Reuters expected the company to report earnings of $1.53 per share for the quarter. Analysts' estimates typically exclude special items.
Total operating revenue for the quarter increased to $334.02 million from $309.63 million last year.
The company raised its 2012 full year earnings guidance from the range of $3.20 to $3.35 per share to the range of $3.30 to $3.40 per share. Analysts expect the company to report earnings of $3.27 per share for fiscal 2012.
Idaho Power Company, IDACORP's principal subsidiary, reported third quarter 2012 net income of $89.6 million, compared to $104.9 million in the third quarter of 2011.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.