IDACORP, Inc. Announces First Quarter 2026 Results, Reaffirms 2026 Earnings Guidance

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IDACORP, Inc. reported strong first-quarter 2026 net income of $68.0 million ($1.21 per diluted share), up from $59.6 million ($1.10 per diluted share) in Q1 2025, driven by customer growth and rate changes. The company reaffirmed its full-year 2026 earnings guidance in the range of $6.25 to $6.45 per diluted share, expecting less than $30 million in additional tax credits. These positive results are attributed to increased retail revenues, customer growth, and effective management despite higher O&M expenses.

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