Avista Q2 revenue misses estimates, net income falls

Avista

06/08/2025 12:19

Overview

Avista Q2 2025 revenue missed analyst expectations, per LSEG data

Q2 net income declines due to unrealized losses in clean tech investments

Co expects Avista Utilities earnings toward upper end of guidance range

Outlook

Avista confirms 2025 EPS guidance of $2.52 to $2.72

Company expects to be at low end of EPS range due to investment losses

Avista Utilities expected at upper end of $2.43 to $2.61 EPS range

AEL&P to contribute $0.09 to $0.11 EPS in 2025

Result Drivers

ELECTRIC UTILITY MARGIN - Increase due to rate cases, customer growth, and non-decoupled load growth

CLEAN TECH INVESTMENT LOSSES - Unrealized losses in clean technology investments negatively impacted net income

OPERATING EXPENSES - Rise in employee salaries, benefits, and thermal generation costs, offset by revenue increases

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$400 mln
$411.40 mln (2 Analysts)
Q2 EPS
$0.17


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the multiline utilities peer group is "buy."

Wall Street's median 12-month price target for Avista Corp is $41.00, about 6.7% above its August 5 closing price of $38.25

The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 16 three months ago

Press Release: ID:nGNX32fRmp

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)