Idacorp Inc. Q4 Profit Advances, Beats Estimates

Idacorp Inc. (IDA) announced earnings for its fourth quarter that increased from the same period last year and beat the Street estimates.

The company's earnings came in at $37.88 million, or $0.70 per share. This compares with $31.26 million, or $0.61 per share, last year.

Analysts on average had expected the company to earn $0.63 per share. Analysts' estimates typically exclude special items.

Idacorp Inc. earnings at a glance (GAAP) :

-Earnings: $37.88 Mln. vs. $31.26 Mln. last year.
-EPS: $0.70 vs. $0.61 last year.

by RTTNews Staff Writer

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