Avista Corp. (AVA) Tops Q4 EPS by 2c

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Go back to Avista Corp. (AVA) Tops Q4 EPS by 2c

Avista Corp. Reports Financial Results for Fourth Quarter and Fiscal Year 2015, and Initiates 2016 Earnings Guidance

February 24, 2016 7:05 AM EST

SPOKANE, WA -- (Marketwired) -- 02/24/16 -- Avista Corp. (NYSE: AVA) today reported net income attributable to Avista Corp. shareholders of $123.2 million, or $1.97 per diluted share, for the year ended Dec. 31, 2015, compared to $192.0 million, or $3.10 per diluted share for the year ended Dec. 31, 2014. Results for 2015 included $5.1 million, or $0.08 per diluted share, related to discontinued operations, which resulted from the sale of Ecova in 2014. 2014 included $72.2 million, or $1.17 per diluted share related to discontinued operations, which resulted from the sale of Ecova in 2014.

For the fourth quarter of 2015, net income attributable to Avista Corp. shareholders was $38.5... More