Avista Corp. (AVA) Tops Q1 EPS by 9c

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Avista Corp. Reports Financial Results for First Quarter 2016 and Confirms 2016 Earnings Guidance

May 4, 2016 7:05 AM EDT

SPOKANE, WA -- (Marketwired) -- 05/04/16 -- Avista Corp. (NYSE: AVA) today reported net income attributable to Avista Corp. shareholders of $56.1 million, or $0.89 per diluted share for the first quarter of 2016, compared to $46.4 million, or $0.74 per diluted share for the first quarter of 2015.

"We are off to a great start, and I am pleased with our solid operational performance and financial results for the first quarter of 2016. Our earnings were a little better than expected, and at this point, we are on track to hit our earnings targets for the year," said Scott Morris,... More