Avista Corp expected to post earnings of 17  cents a share - Earnings Preview

Avista

31/07/2023 19:31

* Avista Corp  AVA.N   AVA  is expected to show a fall in
quarterly revenue when it reports  results on August 2. 
    * The Spokane Washington-based  company is expected to
report  a
2.2% decrease in revenue to $370.079 million from $378.57
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 17 cents 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
$37.5​, below​ its last closing price of $38.96. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  1.18        1.16       0.73      Missed  -36.9
 Dec. 31 2023  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.        0.94        0.91       0.99      Beat    8.5
 31 2022                                                
 Dec. 31 2021  0.68        0.67       0.71      Beat    5.8​
 Sep. 30 2021  0.06        0.06       0.20      Beat    216.2
 Jun. 30 2021  0.25        0.26       0.20      Missed  -22.5
 This summary was machine generated July 31 at 18:31 GMT.  All
figures in US dollars  unless otherwise stated