Highest-materiality recent filing
Avista reports wildfires in Spokane area damage infrastructure, 5,300 gas customers without service
Three major fires as of Aug 2 affect over 8,000 acres and destroy over 600 structures; none contained.
Avista Q2 GAAP EPS $0.43 vs $0.17 YoY; confirms 2026 utility guidance $2.52-$2.72
GAAP net income $35M ($0.43 diluted EPS) vs $14M ($0.17) in Q2 2025.
Avista pauses energy service negotiations for 500 MW data center; seeks policy alignment
Avista pauses negotiations for energy service to a 500 MW data center developer, effective June 12, 2026.
Avista Q1 GAAP EPS $1.11 vs $0.98 YoY; confirms FY26 utility guidance $2.52-$2.72
GAAP net income $92M ($1.11 diluted EPS) vs $79M ($0.98) in Q1 2025.
GAAP net income $193M ($2.38 diluted EPS) vs $180M ($2.29) in 2024.
Requests $111M electric (+13.9%) and $12M natural gas (+4.7%) base revenue increase for 2027.
Avista Q3 EPS $0.36 beats $0.23 YoY; confirms FY25 guidance $2.52-$2.72 but sees low end
Q3 2025 net income $0.36/diluted share vs $0.23 in Q3 2024; YTD EPS $1.51 vs $1.44.
Avista Q2 EPS $0.17 vs $0.29 YoY; investment losses drag; guidance at low end
Net income $14M ($0.17 diluted EPS) vs $23M ($0.29) in Q2 2024; YTD EPS $1.15 vs $1.20.
Avista files Idaho multi-year rate settlement; electric +$19.5M, gas +$4.6M in 2025
Settlement filed June 9 with IPUC; if approved, rates effective Sept 1, 2025 and Sept 1, 2026.
Avista Q1 net income $79M ($0.98 EPS) up from $71M; FY25 guidance reaffirmed $2.52-$2.72
Avista Utilities contributed $0.97 EPS vs $0.86 last year; AEL&P $0.04; other businesses loss $0.03.
Avista Corp reports 2024 EPS $2.29, initiates 2025 guidance $2.52-$2.72
Full-year 2024 EPS $2.29, net income $180M; up from $2.24 and $171M in 2023.
Avista files multi-year electric & gas rate cases in Idaho seeking ~$70M total revenue increase
Electric: $43.0M (14.0%) effective Sep 2025, plus $17.7M (5.0%) effective Sep 2026.
Avista receives WUTC rate orders: electric +$11.9M Yr1/+$44.4M Yr2, gas +$14.2M Yr1/+$4.0M Yr2
Electric base revenue increase of $11.9M (2.0%) effective Jan 1, 2025, and $44.4M (7.5%) for Rate Year 2.
Avista Q3 EPS $0.23 vs $0.19; lowers FY2024 guidance to $2.26-$2.46 on weaker other biz valuations
Q3 net income $18.5M ($0.23/diluted share) vs $14.7M ($0.19) a year ago; Avista Utilities net income improved to $19.8M from $13.5M.
Dennis Vermillion steps down as CEO and board member Dec 31, 2024; will stay as EVP and advisor until Q1 2025.
Avista Q2 EPS $0.29 vs $0.23 YoY; confirms FY 2024 guidance $2.36-$2.56
Net income $22.9M ($0.29 diluted) vs $17.5M ($0.23) in Q2 2023, up 31%.
Avista Corp. enters into ATM equity offering for up to 3.3M shares
Entered Sales Agency Agreements to offer up to 3,305,541 shares of common stock through BofA, JPMorgan, KeyBanc, MUFG.
Avista Corp 2023 EPS $2.24; 2024 guidance $2.36-$2.56; Avista Utilities earnings up 42%
2023 consolidated EPS $2.24 vs $2.12 in 2022; net income $171.2M.
Avista files multi-year rate cases seeking $77M electric and $17.3M gas revenue hikes in 2024
Electric: propose $77.1M increase (13.0% of base) effective Dec 2024; $53.7M (11.7%) in Dec 2025.
Avista faces 11 lawsuits over Babb Road fire; court orders consolidated bifurcated trial
Eleven lawsuits filed: six subrogation actions seeking ~$23M, four individual, and one class action.
Avista Utilities net income $13.5M in Q3 vs ($5.9M) in Q3 2022, driven by customer growth and rate case effects.
Avista reaches Oregon natural gas rate settlement for $7.2M revenue increase
Settlement increases annual base gas revenues by $7.2M (9.4%), down from original $11.0M request.
Avista Q2 EPS $0.23 beats $0.16 YoY; reaffirms FY23 guidance $2.27-$2.47 but expects lower end
Q2 diluted EPS $0.23 vs $0.16 YoY; net income $17.5M vs $11.5M.
Avista settles Idaho rate cases; electric rev +$22.1M, gas +$1.3M, ROE 9.4%
Settlement with IPUC Staff, Clearwater Paper, Idaho Forest Group, Walmart; IPUC must approve.
Avista Q1 net income $54.8M, EPS $0.73 down from $0.99; CFO Thies retiring, Christie named
Q1 2023 net income $54.8M ($0.73/diluted) vs $71.6M ($0.99/diluted) in Q1 2022.
Avista Corp. reports FY 2022 net income $155.2M ($2.12 EPS), confirms 2023 guidance $2.27-$2.47 EPS
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).
WUTC upholds Avista WA rate settlement; Avista files $40.3M ID rate hike request
WUTC denied Public Counsel's petition to reconsider its Dec 2022 order approving rate settlement; order stands.
Avista abandons 15% Colstrip Units 3&4 interest to NorthWestern with no cash consideration
Avista abandons 15% undivided interest in Colstrip Units 3&4 to NorthWestern; no purchase price is paid.
Avista secures $100M in additional liquidity amid elevated energy prices
Entered $50M uncommitted letter of credit agreement with MUFG Bank on Dec 29; $28.5M outstanding as of Jan 4.
Avista borrows $100M term loan & expands revolver $50M amid gas/power price spikes
Entered $100M term loan credit agreement with U.S. Bank and MUFG, maturing March 30, 2023; borrowed full amount.
Electric base revenues up $38.0M (6.9%) effective Dec 2022 plus $12.5M (2.1%) in Dec 2023.
the Company’s board of directors appointed Heather L. Rosentrater President and Chief Executive Officer and an Avista Corp. board member, effective January 1, 2025.
On August 22, 2024, Dennis P. Vermillion, Chief Executive Officer of Avista Corporation (Avista Corp. or the Company), announced to the Company’s board of directors that he will step down as Chief Executive Officer and as an Avista Corp. board member, effective December 31, 2024.
Also effective October 1, 2023, Vice President, Safety & Chief People Officer Bryan Cox will become Senior Vice President, Safety & Chief People Officer.
On September 7, 2023, Avista Corporation (Avista Corp. or the Company) named Heather Rosentrater as President and Chief Operating Officer, effective October 1, 2023.
On May 1, 2023, Mark Thies, Executive Vice President, Chief Financial Officer, and Treasurer, announced to the Company's board of directors that he will retire, effective October 1, 2023.
Following the announcement, the Company's board of directors appointed Kevin Christie as Chief Financial Officer, Treasurer, and Senior Vice President Regulatory Affairs, effective May 11, 2023.
On January 4, 2023, Kristianne Blake, a member of the Board of Directors of Avista Corporation (Avista Corp. or the Company), notified the Company that she has decided not to stand for re-election in 2023, and will retire from the Board effective May 11, 2023, the end of her term.
She fills the vacancy created when R. John Taylor retired from the Board on June 21, 2021.
On August 11, 2021, Avista Corporation (Avista Corp. or the Company) announced that Major General (Retired) Julie Bentz, age 57, had been appointed by the Avista Corp. Board of Directors on August 5, 2021 and will join the board effective November 1, 2021.
Max materiality 0.85 · Median 0.60 · Most common event earnings