IDACORP, Inc. (IDA) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, everyone, and welcome to IDACorp's first quarter 2026 earnings call. Today's call is being recorded and our webcast is live. A replay will be available later today for the next 12 months on IDACorp's 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 things like earnings guidance, spending forecasts, financing plans, regulatory plans and actions, and estimates and assumptions that reflect our current views on what the future holds. These are all subject to risks and uncertainties. Those 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. We've included our cautionary note on forward-looking statements and various risk factors in more detail for you to review in our filings to the Securities and Exchange Commission. As shown on slide three, also presented today, we have Lisa Grove, President and CEO, Brian Buckham, EVP, CFO and Treasurer, and John Wunderlich, Investor Relations Manager. Slide four has a summary of our first quarter financial results. IDA Corp's diluted earnings per share were $1.21 compared with $1.10 last year. Our key operating metrics and guidance are unchanged except for our hydropower generation forecast as we reduce the top end of the range. We're reaffirming our full year 2026 IDA Corp earnings guidance estimate in t...