Avista Corp. (NYSE: AVA) reported Q1 EPS of $1.10, $0.05 better than the analyst estimate of $1.05.

2026 Utility Earnings Guidance and Outlook

Avista Corp. is confirming its 2026 non-GAAP utility earnings guidance with a range of $2.52 to $2.72 per diluted share.

This non-GAAP utility earnings guidance is based on the following assumptions:

Normal weather
A negative impact from the ERM of ($0.10) cents per diluted share within the 90% customer, 10% company sharing band
An effective tax rate of 12 percent
Capital expenditures of $615 million

Over the long term, we expect non-GAAP utility earnings to grow 4 to 6 percent from the midpoint of our 2025 earnings guidance.

For earnings history and earnings-related data on Avista Corp. (AVA) click here.