Avista Corp expected to post earnings of $1.00 a share - Earnings Preview

Avista

29/04/2024 13:27

* Avista Corp  AVA.N   AVA  is expected to show a fall in
quarterly revenue when it reports  results on May 1 (estimated)
for the period ending March 31 2024
    * The Spokane Washington-based  company is expected to
report a
1.1% decrease in revenue to $469.336 million from $474.63
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Avista Corp is for
earnings of
$1.00 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.2%
in the last three months. ​
    * Wall Street's median 12-month price target for Avista Corp
is
$35.50​, below​ its last closing price of $35.55. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  1.14        1.14       1.10      Missed  -3.1
 Sep. 30 2023  0.14        0.14       0.19      Beat    34
 Jun. 30 2023  0.17        0.17       0.23      Beat    34.8​
 Mar. 31 2023  1.18        1.16       0.73      Missed  -36.9
 ​​Dec.        0.80        0.78       1.05      Beat    33.8
 31 2022                                                
 Sep. 30 2022  0.14        0.13       -0.08     Missed  -160.7
                                                        ​
 Jun. 30 2022  0.18        0.17       0.16      Missed  -4.8
 Jan. 1 0001   0.94        0.91       0.99      Beat    8.5
 This summary was machine generated April 29 at 12:27 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)