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

Avista

03/05/2023 13:06

* Avista Corp  AVA.N  reported quarterly adjusted earnings
of 73
cents​​ per share for the quarter ended in March. The mean
expectation of five analysts for the quarter was for earnings of
$1.16 per share.
    * Revenue rose 2.7% to $474.63 million from a year ago;
analysts
expected $485.37 million. 
    * Avista Corp's reported EPS for the quarter was 73 cents​.
    * The mean earnings estimate of analysts had risen by
about 8.3%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Avista Corp shares had risen by 2.8% this quarter and
lost 1.6%
so far this year.
    * The company reported quarterly net income of $54.85
million.
    * Wall Street's median 12-month price target for Avista Corp
is
$38.50 
    * 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 May
3 at 12:05 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      1.16           0.73           Missed
 Dec. 31 2022      0.78           1.05           Beat
 Sep. 30 2022      0.13           -0.08          Missed
 Jun. 30 2022      0.17           0.16           Missed