(RTTNews) - While reporting financial results for the fourth quarter on Thursday, electric utility IDACORP, Inc. (IDA) initiated its earnings guidance for the full year 2026 in a range of $6.25 to $6.45 per share.
The guidance is based on expectation that Idaho Power will use less than $30 million of additional tax credits available under the Idaho regulatory mechanism in 2026. It also assumes normal weather conditions and power supply expenses throughout the year.
In Thursday's pre-market trading, IDA is trading on the NYSE at $142.74, up $1.00 or 0.71 percent.
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