Zacks Research Cuts IDACORP's Q1 Earnings Forecast

Analysts lower Q1 2026 EPS estimate for the Idaho-based energy company

Apr. 10, 2026 at 10:18am

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An extreme close-up of industrial gears, pipes, and valves in shades of steel grey, conceptually representing the complex financial machinery behind IDACORP's energy operations.Zacks Research's downgraded Q1 earnings forecast for IDACORP suggests potential challenges ahead for the energy company's financial performance.Boise Today

Equities research analysts at Zacks Research have cut their Q1 2026 earnings per share estimates for shares of IDACORP, Inc. (NYSE:IDA). The firm now anticipates the energy company will earn $1.12 per share for the quarter, down from their prior forecast of $1.15. Zacks Research also issued estimates for IDACORP's Q2, Q3, and Q4 2026 earnings.

Why it matters

IDACORP is a major utility provider in Idaho and eastern Oregon, serving over half a million customers. The company's earnings outlook is closely watched by investors and analysts as an indicator of the broader energy sector's performance in the region.

The details

Zacks Research analyst Team lowered their Q1 2026 EPS estimate for IDACORP from $1.15 to $1.12. The consensus estimate for IDACORP's current full-year 2026 earnings is $5.81 per share. In addition to the Q1 revision, Zacks also issued estimates for IDACORP's Q2 2026 earnings at $1.89 EPS, Q3 2026 earnings at $2.59 EPS, and Q4 2026 earnings at $0.81 EPS.

  • Zacks Research released the updated earnings estimates on Thursday, April 9, 2026.

The players

Zacks Research

An equities research firm that provides analysis and forecasts on publicly traded companies.

IDACORP, Inc.

An energy holding company headquartered in Boise, Idaho, whose primary subsidiary is the regulated electric utility Idaho Power Company.

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What they’re saying

“Zacks Research analyst Team now anticipates that the energy company will earn $1.12 per share for the quarter, down from their prior forecast of $1.15.”

— Zacks Research analyst Team

What’s next

Investors and analysts will be closely watching IDACORP's upcoming Q1 2026 earnings report to see how the company performs relative to the revised Zacks forecast.

The takeaway

IDACORP's earnings outlook is an important indicator for the energy sector in the Pacific Northwest. This downward revision from Zacks Research suggests potential headwinds for the company in the first quarter of 2026.