Avista Corp. Reports Financial Results for First Quarter 2019, and Confirms 2019 Earnings Guidance
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Avista Corp. (AVA) Reports Q1 EPS of $1.76, Confirms 2019 Earnings Guidance
May 2, 2019 7:23 AM EDTAvista Corp. (NYSE: AVA) reported Q1 EPS of $1.76, may not compare to the analyst estimate of $0.83.
2019 Earnings Guidance and Outlook
Avista Corp. is confirming its 2019 guidance for consolidated earnings to be in the range of $2.78 to $2.98 per diluted share, which includes $1.01 per diluted share for the termination fee received from Hydro One and the payment of remaining transaction costs.
We expect to experience regulatory lag during the period 2019 through 2021. On April 30, 2019 we filed general rates cases in Washington that are two-year rate plans. We also filed a general... More
