Avista Corp 2023 EPS $2.24; 2024 guidance $2.36-$2.56; Avista Utilities earnings up 42%

AVISTA CORP

2023-FY EPS reported $2.24 revenue$1,751,554,000

2023 consolidated EPS $2.24 vs $2.12 in 2022; net income $171.2M.
Avista Utilities net income $167.0M vs $117.9M in 2022, a 42% increase.
2024 EPS guidance range $2.36-$2.56; Avista Utilities expected $2.23-$2.39 per share.
Long-term earnings growth target 4-6% off 2025 base year, subject to constructive Washington rate case.
Issued $250M debt and $112.3M equity in 2023; plans $85M debt and $70M equity in 2024.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

AVISTA CORP reported fourth quarter and fiscal year ended Dec. 31, 2023 results: net income $84,135, EPS $1.08. Guidance initiated.

Period: fourth quarter and fiscal year ended Dec. 31, 2023
Net income: $84,135
EPS: $1.08
Guidance: initiated
Result: reported results

Exact text from the filing

Avista Corp. Announces 2023 Results and Initiates 2024 Earnings Guidance • 2023 consolidated earnings per diluted share of $2.24

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Source: SEC EDGAR

accession 0000950170-24-017430

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