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Idacorp Inc. Announces Advance In Q1 Profit

Idacorp Inc. (IDA) reported a profit for its first quarter that advanced from the same period last year.

The company's bottom line came in at $42.7 million, or $0.84 per share. This compares with $36.1 million, or $0.72 per share, in last year's first quarter.

Analysts had expected the company to earn $0.71 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Idacorp Inc. earnings at a glance:

-Earnings (Q1): $42.7 Mln. vs. $36.1 Mln. last year.
-EPS (Q1): $0.84 vs. $0.72 last year.
-Analysts Estimate: $0.71

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