secwatch.observer — SEC 8-K summary
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Issuer:     AVISTA CORP (AVA)
CIK:        0000104918
Form:       8-K
Filed at:   2023-02-22T23:59:59+00:00
Accession:  0000950170-23-003549
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Avista Corp. reports FY 2022 net income $155.2M ($2.12 EPS), confirms 2023 guidance $2.27-$2.47 EPS
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- FY 2022 net income $155.2M ($2.12 diluted EPS) vs $147.3M ($2.10) in 2021; Q4 net income $78.0M ($1.05 EPS) vs $50.9M ($0.71).
- Avista Utilities segment earnings $117.9M ($1.61 EPS) down from $125.6M ($1.79) due to higher power supply costs and inflation.
- Other businesses segment earnings surged to $29.7M ($0.41 EPS) from $14.6M ($0.21) on increased fair value of biotech investment.
- Confirmed 2023 consolidated earnings guidance range of $2.27 to $2.47 per diluted share.
- Filed multi-year rate plan in Idaho in Feb 2023; Washington rate case settlement approved in Dec 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/104918/000095017023003549/0000950170-23-003549-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/104918/000095017023003549/ava-20230222.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-003549

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