Idacorp Inc. (IDA) released earnings for first quarter that decreased from last year and missed the Street estimates.
The company's bottom line came in at $48.17 million, or $0.95 per share. This compares with $56.10 million, or $1.11 per share, in last year's first quarter.
Analysts on average had expected the company to earn $1.15 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
Idacorp Inc. earnings at a glance (GAAP) :
-Earnings (Q1): $48.17 Mln. vs. $56.10 Mln. last year.
-EPS (Q1): $0.95 vs. $1.11 last year.
-Guidance:
Full year EPS guidance: $5.25-$5.45
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