Avista Corp reports results for the quarter ended June 30 - Earnings Summary

• Avista Corp AVA reported quarterly adjusted earnings of 17 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 29 cents. The mean expectation of four analysts for the quarter was for earnings of 30 cents per share. Wall Street expected results to range from 27 cents to 33 cents per share.

• Revenue rose 2.2% to $411.00 million from a year ago; analysts expected $411.40 million.

• Avista Corp's reported EPS for the quarter was 17 cents​.

• Avista Corp shares had risen by 0.8% this quarter and gained 4.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the multiline utilities peer group is "buy."

• Wall Street's median 12-month price target for Avista Corp is $41.00, about 6.7% above its last closing price of $38.25

This summary was machine generated from LSEG data August 6 at 12:43 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)