Post-earnings recap
Reported
Thu, Apr 30, 2026
EPS actual
$1.21
EPS est.
$1.12
EPS surprise
+8.04%
1-day move
+2.42%
IDACORP's earnings report shows a positive surprise in EPS, which likely contributed to the stock's increase of 2.42%. The company did not provide revenue figures or guidance, leaving some uncertainty about future performance. Investors may view the EPS beat as a sign of operational strength, but the lack of revenue data could raise questions.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $1.21 | $1.09 | +8.04% |
| Revenue | N/A | $417M | N/A |
No transcript is on record, and the analysis is based solely on numerical results.
IDACORP, Inc. (ticker: IDA) is a utility company that provides electricity to customers in Idaho and parts of Oregon and Nevada. As a key player in the electric utilities sector, it plays a vital role in the energy landscape, especially as demand for reliable energy sources continues to grow amidst discussions around sustainability and renewable energy.
Last quarter
In Q4-2025, IDACORP reported an EPS of $0.78, beating estimates slightly. However, the stock experienced a decline of 2.43% the following day, indicating mixed market sentiment despite the earnings beat.
EPS beat streak
7Q
EPS beat rate
88%
Avg EPS surprise
+4.75%
Avg 1-day reaction
-0.14%
Analysts expect IDACORP to report a solid quarter, with a consensus EPS of $1.09 and revenue of $417 million. The market is closely watching for any signs of growth in customer demand and cost management.
Bull case
If IDACORP exceeds EPS estimates and shows strong revenue growth, it could signal robust demand for electricity and effective operational management, potentially boosting investor confidence.
Bear case
Conversely, if the company misses EPS or revenue expectations, it may raise concerns about demand and operational efficiency, leading to a negative market reaction.
Key metrics to watch
EPS
$1.09Earnings per share is a critical indicator of profitability and helps gauge how well the company is managing its costs and revenues.
Revenue
$417MRevenue figures provide insight into the overall sales performance and customer demand for electricity, which is crucial for assessing growth.
The print will turn on these.
Q1
Will IDACORP's EPS exceed the consensus estimate of $1.09?
A beat on EPS could indicate strong operational performance and cost management, which is crucial for investor confidence.
Q2
What is the revenue outlook given the consensus of $417 million?
Revenue growth is essential for assessing demand for electricity, and any significant deviation from expectations could impact the stock's performance.
—
Est. EPS
—
Est. Rev
—
Impl. Move
—
Why consensus could be wrong
The consensus may underestimate the potential for IDACORP to exceed revenue expectations due to increased demand for electricity as more people work from home.
Supporting evidence
The company's historical performance shows a 75% beat rate on EPS, suggesting a strong likelihood of exceeding expectations.
Options pricing indicates a higher expected move than historical averages, which may reflect underlying bullish sentiment.
Recent trends in energy consumption suggest a potential uptick in demand that may not be fully reflected in analyst estimates.
Key risk
If revenue comes in below $400 million, it could challenge the narrative of strong demand and operational efficiency.
Pre-commit to what would confirm each case.
This quarter, the focus is on whether IDACORP can maintain its profitability amidst rising operational costs and fluctuating demand.
Bull confirmed if
An EPS of $1.15 or higher, coupled with revenue exceeding $450 million, would confirm a strong operational performance.
Bear confirmed if
An EPS below $1.02 or revenue falling short of $350 million would signal potential issues in demand or cost management.
What the market is pricing for the move.
Implied Move
±3.21%
Historical Avg
±1.8%
The options market is pricing in a potential move of about 3.21%, indicating that traders expect some volatility around the earnings announcement.
Options are pricing ±3.2% while IDA has averaged ±1.8% over the last 8 prints — setup is pricing rich.
ATM IV
0.2%
30d HV
19.4%
Cross-company pattern from 30 similar setups.
Prior-quarter beat + options rich in Utilities
Fade rate: 11 of 26 (42%)
This setup has occurred 30 times across Utilities in the last 2 years. 11 of 26 faded and 15 held — no strong directional bias after the initial reaction. The average absolute 1-day move is 2.2%, with a raw directional average of +0.1% (modestly positive historical bias).
Smart-money positioning from the most recent 13F filings.
Institutional
107.08%
of float
Insider
0.29%
of float
Holders
714
institutions
Top Holders· as of Jun 2026
Blackrock Inc.
6,833,539 sh · $902.3M
11.81%
5.2%
Likely market behavior by outcome. Not investment advice.
Beat & raise
If IDACORP beats expectations, history suggests the stock could rise by about 0.27%, confirming strong demand and operational efficiency.
In line / cautious
If results are in line with expectations, the stock may experience muted movement as investors await further guidance.
Miss
A miss could lead to a decline of approximately 0.32%, indicating concerns over demand or cost management.
The lines on the call that would change the story.
Vanguard Portfolio Management LLC
3,292,407 sh · $434.7M
5.69%
1.2%
Vanguard Capital Management LLC
2,495,175 sh · $329.5M
4.31%
2.1%
Wellington Management Group, LLP
2,452,290 sh · $323.8M
4.24%
-14.1%
FMR, LLC
2,207,405 sh · $291.5M
3.82%
53.1%
13F filings updated quarterly. Position deltas show change in shares vs. the prior quarter.