Avista Corp reports results for the quarter ended in June - Earnings Summary

Avista

02/08/2023 14:33

* Avista Corp  AVA.N  reported quarterly adjusted earnings
of 23
cents​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for earnings of
17 cents per share.
    * Revenue rose 0.4% to $379.94 million from a year ago;
analysts
expected $370.08 million. 
    * Avista Corp's reported EPS for the quarter was 23 cents​.
    * The mean earnings estimate of analysts had fallen by
about 20.3%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Avista Corp shares had fallen by 4.5% this quarter and
lost 15.4% so far this year.
    * The company reported quarterly net income of $17.48
million.
    * Wall Street's median 12-month price target for Avista Corp
is
$37.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 2 at 01:33 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.17           0.23           Beat
 Mar. 31 2023      1.16           0.73           Missed
 Dec. 31 2022      0.78           1.05           Beat
 Sep. 30 2022      0.13           -0.08          Missed