Avista Corp. (AVA) Reports Q1 EPS of $1.76, Confirms 2019 Earnings Guidance
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Avista Corp. Reports Financial Results for First Quarter 2019, and Confirms 2019 Earnings Guidance
May 2, 2019 7:06 AM EDTSPOKANE, Wash., May 02, 2019 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) today reported net income attributable to Avista Corp. shareholders of $115.8 million, or $1.76 per diluted share for the first quarter of 2019, compared to $54.9 million, or $0.83 per diluted share for the first quarter of 2018.
"Our consolidated earnings were below our expectations for the first quarter. However, we remain on track to meet our guidance for the full year. Our first quarter 2019 earnings were positively impacted by the receipt of the termination fee from Hydro One, said Scott Morris, chairman and chief executive officer of Avista Corp.
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