IDACORP, Inc. (IDA) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to IDACOR First Quarter 2025 Earnings Conference Call. Today's call is being recorded and our webcast is live. A replay will be available later today and for the next 12 months on the IDACOR website. If you need assistance at any time during the presentation, please press star zero on your phone. I will now turn the call over to Amy Shaw, Vice President of Finance, Compliance, and Risk. Thank you. Good afternoon, everyone. We appreciate you joining our call. The slides we'll reference during today's call are available on IDACorp's website. As noted on slide two, our discussion today includes forward-looking statements, including earnings guidance, spending forecasts, financing plans, regulatory actions and plans, and estimates and assumptions that reflect our current views on what the future holds, all of which are subject to risks and uncertainties. These risks and uncertainties may cause actual results to differ materially from statements made today, and we caution against placing undue reliance on any forward-looking statements. Our cautionary note on forward-looking statements and various risk factors are included in more detail for your review in our filings with the Securities and Exchange Commission. As shown on slide three, we have Lisa Goh, President and CEO, Brian Buckham, SEP, CFO and Treasurer, and John Wunderlich, Investor Relations Manager, presenting today. We also have other members of our management team available for a Q&A session following our prepared remarks. Slide 4 shows a summary of our first quarter results. IdaCorp's diluted earnings per share were $1.10 compared with $0.95 for last year's first quarter. Our key operating metrics and guidance are unchanged, except for our hydropower generation forecast, which has improved. We're reaf...