earnings
confidence high
sentiment positive
materiality 0.45
Avista Q1 EPS $0.91, net income $71.5M, reaffirms FY2024 guidance $2.36-$2.56
AVISTA CORP
2024-Q1 EPS reported
$0.91
revenue$609,416,000
- Q1 diluted EPS of $0.91, up from $0.73 in Q1 2023; net income $71.5M vs $54.8M.
- Avista Utilities segment earned $0.86 per share; AEL&P contributed $0.05; Other $0.00.
- Full-year 2024 EPS guidance confirmed at $2.36-$2.56 per diluted share.
- CEO cites extreme cold in January and ERM volatility; Washington rate plan filed to alter power cost sharing.