Post-earnings recap
Reported
Thu, Aug 4, 2011
Est. EPS
—
Est. revenue
—
Implied move
—
EPS beat rate
88%
—
Est. EPS
—
Est. Rev
—
Impl. Move
—
IDACORP's earnings report indicates a significant miss on EPS, which likely contributed to the stock's decline of 3.85%. The lack of revenue figures and guidance leaves investors uncertain about the company's future performance. Management's defensive tone suggests they are aware of the challenges ahead and may need to implement changes to improve results.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $0.42 | N/A | -28.45% |
| Revenue | N/A | N/A | N/A |
Overall, management expressed concern about current market conditions. They highlighted the importance of adapting to changes in the industry.
Management acknowledged the challenges faced this quarter.
They emphasized the need for strategic adjustments moving forward.