secwatch.observer — SEC 8-K summary
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Issuer:     AVISTA CORP (AVA)
CIK:        0000104918
Form:       8-K
Filed at:   2023-11-01T23:59:59+00:00
Accession:  0000950170-23-057046
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Avista Q3 net income $14.7M ($0.19 EPS) vs loss $5.8M (-$0.08); FY23 guidance narrowed to $2.27-$2.37
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- Avista Utilities net income $13.5M in Q3 vs ($5.9M) in Q3 2022, driven by customer growth and rate case effects.
- Year-to-date net income $87.0M ($1.14 EPS), up from $77.2M ($1.06 EPS) in prior-year period.
- Narrowed 2023 consolidated earnings guidance to $2.27–$2.37 per diluted share from prior range.
- Electric utility margin increased $14.4M (after-tax) in Q3 due to customer growth and rate cases; ERM expense was $1.2M vs $4.5M.
- Other businesses had $0.9M net income in Q3 but year-to-date loss of $10.3M from net investment losses.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/104918/000095017023057046/0000950170-23-057046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/104918/000095017023057046/ava-20231101.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-057046

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