Avista Corp. (AVA) Tops Q1 EPS by 6c

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Go back to Avista Corp. (AVA) Tops Q1 EPS by 6c

Avista Corp. Reports Financial Results for First Quarter 2022, Confirms 2022 and 2023 Guidance

May 4, 2022 7:05 AM EDT

SPOKANE, Wash., May 04, 2022 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) today reported net income of $71.6 million, or $0.99 per diluted share for the first quarter of 2022, compared to $68.0 million, or $0.98 per diluted share for the first quarter of 2021.

We had a solid start to 2022, as Avista Utilities earnings were above our expectations. We are pleased with the results of the first quarter. Our performance was partially the result of the timing of certain expenses. For the remainder of 2022 we anticipate seeing higher interest costs and energy costs based upon the current economic environment.... More