Avista Corp expected to post earnings of 23 cents a share - Earnings Preview

Avista

05/08/2024 14:57

* Avista Corp  AVA.N   AVA  is expected to show a rise in
quarterly revenue when it reports  results on August 7 for the
period ending June 30 2024
    * The Spokane Washington-based  company is expected to
report a
1.8% increase in revenue to $386.69 million from $379.94 million
a year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for Avista Corp is for
earnings of
23 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"hold" and no "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
$36.50​, below​ its last closing price of $39.64. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  1.00        1.00       0.91      Missed  -9.4
 Dec. 31 2024  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.        1.18        1.16       0.73      Missed  -36.9
 31 2023                                                
 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
 This summary was machine generated August 5 at 13:57 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)