Idacorp Inc. Reveals 15% Fall In Q2 Earnings

(RTTNews) - Idacorp Inc. (IDA) reported earnings for second quarter that fell from last year.

The company said its profit declined to $56.25 million, or $1.12 per share. This was lower than $66.08 million, or $1.31 per share, in last year's second quarter.

Analysts had expected the company to earn $0.99 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Idacorp Inc. earnings at a glance:

-Earnings (Q2): $56.25 Mln. vs. $66.08 Mln. last year. -Earnings Decline (Y-o-Y): -14.9% -EPS (Q2): $1.12 vs. $1.31 last year. -EPS Decline (Y-o-Y): -14.5% -Analysts Estimate: $0.99