Avista Corp. (AVA) Tops Q2 EPS by 3c

Go back to Avista Corp. (AVA) Tops Q2 EPS by 3c

Avista Corp. Reports Financial Results for Second Quarter and Year-To-Date 2018, and Confirms 2018 Earnings Guidance

August 1, 2018 7:05 AM EDT

SPOKANE, Wash., Aug. 01, 2018 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) today reported net income attributable to Avista Corp. shareholders of $25.6 million, or $0.39 per diluted share for the second quarter of 2018, compared to $21.8 million, or $0.34 per diluted share for the second quarter of 2017. For the six months ended June 30, 2018, net income attributable to Avista Corp. shareholders was $80.5 million, or $1.22 per diluted share, compared to $83.9 million, or $1.30 per diluted share for the six months ended June 30, 2017.

"We had a good second quarter, with earnings above our expectations. Second quarter earnings benefited primarily from regulatory commission approved rate refunds... More