Avista Corp expected to post earnings of $1.16 a share - Earnings Preview

Avista

01/05/2023 14:37

* Avista Corp  AVA.N   AVA  is expected to show a rise in
quarterly revenue when it reports  results on May 3. 
    * The Spokane Washington-based  company is expected to
report  a
5.0% increase in revenue to $485.365 million from $462.05
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Avista Corp is for
earnings of $1.16 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and 4 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Avista Corp
is
$38.5​, below​ its last closing price of $44.07. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.80        0.78       1.05      Beat    33.8
 Sep. 30 2022  0.14        0.13       -0.08     Missed  -160.7
 Jun. 30 2022  0.18        0.17       0.16      Missed  -4.8​
 Mar. 31 2022  0.94        0.91       0.99      Beat    8.5
 ​​Dec.        0.68        0.67       0.71      Beat    5.8
 31 2021                                                
 Sep. 30 2021  0.06        0.06       0.20      Beat    216.2​
 Jun. 30 2021  0.25        0.26       0.20      Missed  -22.5
 Mar. 31 2021  0.85        0.84       0.98      Beat    16.4
 This summary was machine generated May 1 at 13:36 GMT.  All
figures in US dollars  unless otherwise stated