Avista

Avista Corp. is a holding company, which engages in the provision of electric and natural gas utility business. It operates through the Avista Utilities, and Alaska Electric Light and Power Company (AEL&P) segments. The Avista Utilities segment includes electric distribution and transmission, and natural gas distribution services in parts of eastern Washington, Northern Idaho, and Northeastern and Southwestern Oregon. The AEL&P segment offers electric services in Juneau. The company was founded on March 13, 1889 and is headquartered in Spokane, WA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Avista (AVA) reports solid earnings growth and boosts dividend

Avista Corporation delivered improved earnings performance in Q4 2022, driven by strong full-year results and a focus on clean energy initiatives. While facing challenges from external economic factors, the company remains well-positioned for growth with strategic regulatory approvals and dividend increases.

Avista reports Q1 earnings decline, emphasizes renewable energy initiatives

Avista Corporation's Q1 2023 earnings call reflected a decline in earnings compared to the previous year, with a focus on renewable energy initiatives and leadership transitions. The company reaffirmed its annual guidance and addressed analyst inquiries on various operational and strategic aspects.

Avista reports Q2 earnings growth, navigates cost challenges ahead

Avista Corporation showed improved earnings performance in Q2 2023, driven by regulatory wins and operational efficiencies.
While facing challenges from higher costs and lower year-to-date earnings, Avista remains focused on growth opportunities.
Maintaining guidance and investing in utility infrastructure position Avista well for future earnings stability and growth.

Avista reports strong Q3 earnings, eyes long-term growth opportunities

Avista Corporation's Q3 2023 performance reflects a turnaround in earnings, driven by growth in consolidated earnings and improved results at Avista Utilities.
While facing challenges such as resource costs and timing issues for earnings growth, Avista demonstrates resilience and strategic planning in maintaining financial stability.
Investors can look forward to potential long-term growth opportunities as Avista focuses on infrastructure investments, operational efficiency, and sustained profitability.

Avista (AVA) reports solid Q4 earnings, eyes growth opportunities

Avista's Q4 2023 earnings call highlighted a strong financial performance, progress towards clean energy goals, upcoming rate cases, and planned capital expenditures for growth. The company remains focused on long-term earnings growth through regulatory outcomes and cost management strategies.

Avista reports robust Q1 earnings, plans infrastructure investments for growth

Avista Corporation's Q1 2024 performance reflects resilience and strategic planning amidst operational challenges and regulatory impacts. The company's commitment to modernization, ethical practices, and safety initiatives positions it well for sustainable growth. Avista's focus on infrastructure investments and revenue opportunities underscores a proactive approach to addressing market demands and enhancing shareholder value.

Avista reports strong Q2 earnings, advances clean energy initiatives

Avista Corporation demonstrated robust financial performance and operational stability in Q2 2024, supported by earnings growth and strategic initiatives.
While facing challenges such as plant transitions and environmental risks, the company is well-positioned to capitalize on growth opportunities in clean energy.
Overall, Avista's proactive approach to regulatory compliance and sustainable practices positions it for long-term success and value creation for stakeholders.

Avista reports robust Q3 earnings, navigates regulatory challenges and opportunities

Avista Corporation delivered strong financial performance in Q3 2024, showcasing growth in earnings and strategic initiatives.
The company's leadership emphasized progress in regulatory strategy, clean energy goals, and infrastructure investments.
While facing challenges in financial commitments and regulatory landscape, Avista remains focused on seizing opportunities in clean energy and regulatory influence.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Avista Corp. is a holding company, which engages in the electric and natural gas utility businesses. It operates through the Avista Utilities and Alaska Electric Light and Power Company segments. The Avista Utilities segment includes electric distribution and transmission, and natural gas distribution services in parts of eastern Washington, Northern Idaho, and Northeastern and Southwestern Oregon. The Alaska Electric Light and Power Company segment offers electric services in Juneau. The company was founded on March 13, 1889 and is headquartered in Spokane, WA.

The latest environmental, social and governance (ESG) information can be found at avistacorp.com .

Avista Posts Updated Corporate Responsibility Report

Company pleased with the fair and balanced decision for the Company and its customers Company pleased with the fair and balanced decision for the Company and its customers

Avista Receives Commission Decision in Washington General Rate Cases

SPOKANE, Wash., Nov. 14, 2024 (GLOBE NEWSWIRE) -- Avista Corp.'s (NYSE: AVA) board of directors has declared a quarterly dividend of $0.475 per share on the company's common stock. The common stock dividend is payable December 13, 2024, to shareholders of record at the close of business on November 26, 2024.

Avista Corp. Board Declares Common Stock Dividend

Avista Corporation (NYSE:AVA ) Q3 2024 Earnings Conference Call November 6, 2024 10:30 AM ET Company Participants Stacey Wenz - IR Manager Dennis Vermillion - CEO Heather Rosentrater - President and COO Kevin Christie - SVP and CFO, Treasurer and Regulatory Affairs Officer Conference Call Participants Brian Russo - Jefferies Anthony Crowdell - Mizuho Sophie Karp - KBCM Operator Good day and thank you for standing by. Welcome to the Avista Corporation Q3 2024 Earnings Conference Call.

Avista Corporation (AVA) Q3 2024 Earnings Conference Call Transcript

Avista (AVA) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.19 per share a year ago.

Avista (AVA) Q3 Earnings Top Estimates

SPOKANE, Wash., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) today announced financial results for the third quarter of 2024. Net income and earnings per diluted share for the third quarter and year-to-date 2024 compared to the same periods in 2023 are presented in the table below (dollars in thousands, except per-share data):

Avista Corp. Reports Financial Results for the Third Quarter of 2024

North Plains Connector transmission line continues building momentum as Avista commits to nonbinding memorandum of understanding for a 10% ownership share that would provide Avista access to a new transmission corridor. North Plains Connector transmission line continues building momentum as Avista commits to nonbinding memorandum of understanding for a 10% ownership share that would provide Avista access to a new transmission corridor.

Avista joins PGE, Grid United and ALLETE in 3,000 megawatt east-west transmission line

Investments in infrastructure and increases in cost-of-service drive rate request Investments in infrastructure and increases in cost-of-service drive rate request

Avista requests recovery of costs for providing service in Oregon

Avista (AVA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Avista (AVA) Expected to Beat Earnings Estimates: Should You Buy?

In 2024, the Avista Foundation has awarded more than $500,000 through its grant program In 2024, the Avista Foundation has awarded more than $500,000 through its grant program

Avista Foundation awards 27 grants to support local initiatives

SPOKANE, Wash., Oct. 28, 2024 (GLOBE NEWSWIRE) -- The Q'emiln Park boat launch ramp on the Spokane River in Post Falls, Idaho, will be closed for the season beginning Monday, Nov. 11.

Post Falls boat ramp to close for the season

Con Ed

Investors with an interest in Utility - Electric Power stocks have likely encountered both Avista (AVA) and Consolidated Edison (ED). But which of these two stocks offers value investors a better bang for their buck right now?

AVA vs. ED: Which Stock Is the Better Value Option?

The project, in partnership with Idaho Power, will enhance grid flexibility, improve resilience against wildfire, and increase capacity for the region The project, in partnership with Idaho Power, will enhance grid flexibility, improve resilience against wildfire, and increase capacity for the region

Avista selected for $85 million grant for transmission line update

As a regulated utility, Avista has a narrow economic moat, a 5% dividend yield and 3-4% dividend growth. The stock is approximately 12-13% undervalued, based on both a relative and an absolute valuation. A bullish 40/35 Put spread strategy could yield close to 200% annualized return if the stock price exceeds $40, and could bring profits even with the stock price slightly down.

Avista: Slightly Undervalued, Significant Leverage And Better Protection With This Strategy

SPOKANE, Wash., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss third quarter 2024 results on Wednesday, November 6, 2024, at 10:30 a.m. Eastern Daylight Time. A news release with third quarter 2024 earnings information will be issued at 7:05 a.m. Eastern Daylight Time on November 6, 2024.

Avista Corp. Third Quarter 2024 Earnings Conference Call and Webcast Announced

SPOKANE, Wash., Oct. 09, 2024 (GLOBE NEWSWIRE) -- In the wake of Hurricane Helene, Avista today sent three, five-member line crews and other personnel to Lake City, Florida to assist in electrical distribution infrastructure repairs as Hurricane Milton is expected to make landfall.

Avista dispatches crews to assist Florida Power & Light with restoration efforts

SPOKANE, Wash., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Avista, through a request for proposal (RFP), is seeking to secure renewable natural gas (RNG) resources for its customers over the long term.

Avista issues request for proposals for renewable natural gas

Overall changes would be effective November 1, 2024 for electric customers and November 15, 2024 for natural gas customers Overall changes would be effective November 1, 2024 for electric customers and November 15, 2024 for natural gas customers

Avista Makes Annual Price Adjustment Requests in Washington

Heather Rosentrater is named the first female CEO in the Company's history. Heather Rosentrater is named the first female CEO in the Company's history.

Avista CEO Dennis Vermillion Announces Retirement

Atlantica Sustainable Infrastructure

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

Wall Street's Most Accurate Analysts Give Their Take On 3 Utilities Stocks Delivering High-Dividend Yields

Avista Corporation is a regulated electric utility serving the Pacific Northwest with a low carbon footprint and strong growth potential. The stock price has risen by 19.16% since the last article we published, underperforming the S&P 500 Index. The company plans to invest $1.6 billion in rate base expansion to grow earnings per share and deliver a 9% to 11% total return annually.

Avista: Population And Electric Consumption Growth Driving The Story

Avista Corporation (NYSE:AVA ) Q2 2024 Earnings Conference Call August 7, 2024 10:30 AM ET Company Participants Stacey Wenz - Investor Relations Manager Dennis Vermillion - CEO & Director Heather Rosentrater - President & COO Kevin Christie - CFO, Treasurer & SVP, Regulatory Affairs Conference Call Participants Brian Russo - Jefferies Willard Grainger - Mizuho Operator Good day and thank you for standing by. Welcome to the Avista Corporation Q2 2024 Earnings Conference Call.

Avista Corporation (AVA) Q2 2024 Earnings Call Transcript

SPOKANE, Wash., Aug. 07, 2024 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) today announced financial results for the second quarter of 2024. Net income and earnings per diluted share for the second quarter and year-to-date 2024 compared to the same periods in 2023 are presented in the table below (dollars in thousands, except per-share data):

Avista Corp. Reports Financial Results for the Second Quarter of 2024

Lower electric prices effective Oct. 1, 2024 and lower natural gas prices Nov. 1, 2024, if approved. Lower electric prices effective Oct. 1, 2024 and lower natural gas prices Nov. 1, 2024, if approved.

Avista Makes Annual Price Adjustment Filings in Idaho

In 2024 so far, the Avista Foundation has awarded more than $385,750 through its grant program. In 2024 so far, the Avista Foundation has awarded more than $385,750 through its grant program.

News for Avista Stock (AVA)