[May 20, 2013] Earnings Look Back: IDACORP Is Up 4.0% Since Reporting Quarterly Results 2 Weeks Ago (IDA) Tweet May 20, 2013 (SmarTrend(R) News Watch via COMTEX) -- 18 days ago, on May 2nd, 2013, IDACORP (NYSE:IDA) reported its earnings. Analysts, on average, expected earnings of $0.54 per share on sales of $253.0 million. IDACORP actually reported earnings of $0.67 per share on sales of $264.9 million, beating EPS estimates by $0.13 and beating revenue estimates by $11.9 million. Shares of IDACORP have climbed from $47.73 to $49.65, representing a gain of 4.0% since the company reported earnings 18 days ago. IDACORP share prices have moved between a 52-week high of $50.16 and a 52-week low of $38.17 and are now trading 30% above that low price at $49.65 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.4% while the 200-day MA has risen 0.4%. SmarTrend recommended that subscribers consider buying shares of IDACORP on December 5th, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $42.84. Since that recommendation, shares of IDACORP have risen 15.9%. We continue to monitor IDA for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup [ Back To TMCnet.com's Homepage ]