IDACORP Q2 Profit Down; Raises 2017 EPS View

(RTTNews) - IDACORP Inc. (IDA) reported second quarter 2017 net income attributable to the company of $49.8 million or $0.99 per share, compared with $56.2 million, or $1.12 per share, in the second quarter of 2016. Analysts polled by Thomson Reuters expected the company to report earnings of $1.07 per share for the second-quarter. Analysts' estimates typically exclude special items.

DACORP increased the low-end of its full year 2017 earnings guidance to the range of $3.95 to $4.05 per share, compared to prior range of $3.90-$4.05 per share.Analysts expect annual earnings of $4.00 per share.