IDACORP, Inc. (NYSE:IDA) Q3 2023 Earnings Conference Call November 2, 2023 4:30 PM ET
Company Participants
Amy Shaw - Director of Investor Relations, Compliance & Risk
Lisa Grow - President & Chief Executive Officer
Brian Buckham - Senior Vice President & Chief Financial Officer
Adam Richins - Senior Vice President & Chief Operating Officer
Conference Call Participants
Paul Zimbardo - Bank of America
Chris Ellinghaus - Siebert Williams Shank
Brian Russo - Sidoti & Company
Ross Fowler - UBS
Operator
Welcome to IDACORP's Third Quarter 2023 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 IDACORP website. [Operator Instructions]
I will now turn the call over to Amy Shaw, Director of Investor Relations, Compliance and Risk.
Amy Shaw
Thank you. Good afternoon everyone. We appreciate you joining our call. This morning we issued and posted at IDACORP website our third quarter 2023 earnings release and the associated Form 10-Q. The slides that accompany today's call are also available on IDACORP's website. We'll refer to those slides by number throughout the call.
As noted on Slide 2, our discussion today includes forward-looking statements, including earnings guidance, spending forecasts and regulatory plans that reflect our current views on what the future holds, but are subject to risks and uncertainties including uncertainties surrounding the impacts of future economic conditions. This cautionary note is also included in more detail for your review in our filings with the Securities and Exchange Commission. 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.
As shown on Slide 3, on today's call we have Lisa Grow, IDACORP's President and Chief Executive Officer; and Brian Buckham, IDACORP's Senior Vice President and Chief Financial Officer. In addition to Lisa and Brian, we have other members of our management team available for a Q&A session following our prepared remarks.
Slide 4 shows our quarterly financial results. IDACORP's third quarter 2023 earnings per diluted share were $2.07 compared with $2.10 during last year's third quarter. Year-to-date earnings per diluted share were $4.53 compared with $4.28 for the first three quarters of 2022. The year-to-date results include a total of $7.5 million of additional tax credit amortization under the Idaho regulatory stipulation, which is the amount we recorded in the first half of the year.