Avista Corp. (AVA) Tops Q4 EPS by 2c
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Avista Corp. Reports Financial Results for Fourth Quarter and Fiscal Year 2015, and Initiates 2016 Earnings Guidance
February 24, 2016 7:05 AM ESTSPOKANE, 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
