Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>IDACORP, Inc.'s latest earnings call presented a mixed bag of developments as it navigates growth and energy transition challenges.</li><li>The company reported a positive quarter, with a noticeable increase in its EPS, rising to $2.26 from last year's $2.12 for the same period, supported by higher retail revenues resulting from a rate change and customer growth, despite experiencing lower usage per customer.</li><li>The year's first three quarters delivered a cumulative EPS of $5.13 compared to $4.82 in the previous year, driven by a significant increase in additional tax credit amortization.</li></ul>

IDACORP, Inc.'s latest earnings call presented a mixed bag of developments as it navigates growth and energy transition challenges.The company reported a positive quarter, with a noticeable increase in its EPS, rising to $2.26 from last year's $2.12 for the same period, supported by higher retail revenues resulting from a rate change and customer growth, despite experiencing lower usage per customer.The year's first three quarters delivered a cumulative EPS of $5.13 compared to $4.82 in the previous year, driven by a significant increase in additional tax credit amortization.

IDACORP: Reinventing Its Capacity Strategy With Major Generation & Transmission Overhauls!

<ul><li>IDACORP's second-quarter results of 2025 indicate modest growth and operational strength, evidenced by the rise in diluted earnings per share to $1.76 compared to $1.71 in the previous year's second quarter.</li><li>The company has benefited from an increase in tax credit amortization under the Idaho regulatory mechanism, increasing from $7.5 million to $17.2 million year-over-year in the same quarter.</li><li>This additional amortization, when coupled with strong operational performance, has prompted the company to elevate its full-year earnings per share guidance to between $5.70 and $5.85.</li></ul>

IDACORP's second-quarter results of 2025 indicate modest growth and operational strength, evidenced by the rise in diluted earnings per share to $1.76 compared to $1.71 in the previous year's second quarter.The company has benefited from an increase in tax credit amortization under the Idaho regulatory mechanism, increasing from $7.5 million to $17.2 million year-over-year in the same quarter.This additional amortization, when coupled with strong operational performance, has prompted the company to elevate its full-year earnings per share guidance to between $5.70 and $5.85.

IDACORP: What’s Driving Its Bold Shift Into Gas-Fired Energy & Beyond!

<ul><li>IDACORP, Inc.'s first-quarter 2025 earnings results reveal a mixed picture of operations reflecting both strengths and areas that require attention.</li><li>The company reported an increase in diluted earnings per share, reaching $1.10 compared to $0.95 in the previous year's first quarter.</li><li>This increase was driven by higher retail revenues from Idaho Power’s rate base increase, customer growth, and the amortization of tax credits.</li></ul>

IDACORP, Inc.'s first-quarter 2025 earnings results reveal a mixed picture of operations reflecting both strengths and areas that require attention.The company reported an increase in diluted earnings per share, reaching $1.10 compared to $0.95 in the previous year's first quarter.This increase was driven by higher retail revenues from Idaho Power’s rate base increase, customer growth, and the amortization of tax credits.

IdaCorp Launches Mega Transmission Projects—Is This the Future of Western Energy?

<ul><li>IDACORP, Inc., the parent company of Idaho Power, reported its financial performance for the year 2024, highlighting several growth indicators and strategic priorities.</li><li>The company achieved a 17th consecutive year of earnings growth, with diluted earnings per share increasing to $5.50 from $5.14 in the previous year.</li><li>A significant increase in customer growth, robust economic conditions, and favorable weather contributed to this positive trajectory.</li></ul>

IDACORP, Inc., the parent company of Idaho Power, reported its financial performance for the year 2024, highlighting several growth indicators and strategic priorities.The company achieved a 17th consecutive year of earnings growth, with diluted earnings per share increasing to $5.50 from $5.14 in the previous year.A significant increase in customer growth, robust economic conditions, and favorable weather contributed to this positive trajectory.

IDACORP Inc.: The Load Growth, Large Customer Projects & Other Major Drivers!

<ul><li>IDACORP's third-quarter 2024 financial results indicate modest growth in many areas, but also highlight some challenges and strategic decisions that could impact future performance.</li><li>The company's diluted earnings per share increased to $2.12, up from $2.07 in the same quarter last year, reflecting a consistent upward trajectory.</li><li>For the first nine months of the year, earnings per share rose to $4.82 from $4.53 in the previous year, benefiting from additional tax credit amortization, which played a significant role in maintaining earnings levels.</li></ul>

IDACORP's third-quarter 2024 financial results indicate modest growth in many areas, but also highlight some challenges and strategic decisions that could impact future performance.The company's diluted earnings per share increased to $2.12, up from $2.07 in the same quarter last year, reflecting a consistent upward trajectory.For the first nine months of the year, earnings per share rose to $4.82 from $4.53 in the previous year, benefiting from additional tax credit amortization, which played a significant role in maintaining earnings levels.

IDACORP’s Innovative Customer Growth Strategy: Protecting Rates While Expanding Rapidly! - Major Drivers

United States

IDACORP, Inc is the holding company for Idaho Power Company, an electric utility and IDACORP Energy, an energy marketing company.  Idaho Power generates, purchases, transmits, distributes, and sells electric energy in southern Idaho, eastern Oregon, and northern Nevada.  IDACORP Energy maintains electricity and natural gas marketing operations.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Idacorp Inc (IDA US)

IDACORP: Reinventing Its Capacity Strategy With Major Generation & Transmission Overhauls!

IDACORP, Inc.'s latest earnings call presented a mixed bag of developments as it navigates growth and energy transition challenges. The company...

Baptista Research

IDACORP: What’s Driving Its Bold Shift Into Gas-Fired Energy & Beyond!

IDACORP's second-quarter results of 2025 indicate modest growth and operational strength, evidenced by the rise in diluted earnings per share to...

Baptista Research

IdaCorp Launches Mega Transmission Projects—Is This the Future of Western Energy?

IDACORP, Inc.'s first-quarter 2025 earnings results reveal a mixed picture of operations reflecting both strengths and areas that require...

Baptista Research

IDACORP Inc.: The Load Growth, Large Customer Projects & Other Major Drivers!

IDACORP, Inc., the parent company of Idaho Power, reported its financial performance for the year 2024, highlighting several growth indicators and...

Baptista Research

IDACORP’s Innovative Customer Growth Strategy: Protecting Rates While Expanding Rapidly! - Major Drivers

IDACORP's third-quarter 2024 financial results indicate modest growth in many areas, but also highlight some challenges and strategic decisions...

Baptista Research

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)