secwatch.observer — SEC 8-K summary
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Issuer:     AVISTA CORP (AVA)
CIK:        0000104918
Form:       8-K
Filed at:   2024-08-07T23:59:59+00:00
Accession:  0000950170-24-092166
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Avista Q2 EPS $0.29 vs $0.23 YoY; confirms FY 2024 guidance $2.36-$2.56
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- Net income $22.9M ($0.29 diluted) vs $17.5M ($0.23) in Q2 2023, up 31%.
- Avista Utilities segment net income $23.9M ($0.31) vs $18.8M ($0.25) YoY.
- Year-to-date EPS $1.20 vs $0.96; confirms FY 2024 EPS guidance $2.36-$2.56.
- Begins serving new large electric customer Aug 1; will substantially offset higher power supply costs.
- Grid investments improved reliability during recent heat wave.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/104918/000095017024092166/0000950170-24-092166-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/104918/000095017024092166/ava-20240807.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-092166

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer