Avista Corp. (AVA) Misses Q2 EPS by 5c, Revenue Beats

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Go back to Avista Corp. (AVA) Misses Q2 EPS by 5c, Revenue Beats

Avista Corp. Reports Financial Results for the Second Quarter and Year-to-Date 2022, Confirms 2022 and 2023 Consolidated Guidance, Revises 2022 Segment Guidance

August 3, 2022 7:05 AM EDT

SPOKANE, Wash., Aug. 03, 2022 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) today reported net income of $11.5 million, or $0.16 per diluted share for the second quarter of 2022, compared to $14.1 million, or $0.20 per diluted share for the second quarter of 2021. For the six months ended June 30, 2022, net income was $83.0 million, or $1.15 per diluted share, compared to $82.1 million, or $1.18 per diluted share for the six months ended June 30, 2021.

Our second quarter consolidated earnings met our expectations, and we continue to be on track to meet our full year consolidated earnings guidance. We are pleased to have reached a settlement in our... More