- Avista press release ( NYSE: AVA ): Q2 GAAP EPS of $0.16 misses by $0.01 .
- Revenue of $368.52M (+28.2% Y/Y) beats by $58.73M .
- Guidance: Avista Corp. is confirming its 2022 consolidated earnings guidance with a range of $1.93 to $2.13 vs consensus of $1.95 per diluted share. While we are confirming our consolidated guidance, we are adjusting our segment guidance, decreasing Avista Utilities and increasing our other businesses expectations by $0.10 per diluted share each. We expect to be near the lower end of this range primarily due to higher net power supply costs. We are confirming our 2023 consolidated earnings guidance range of $2.42 to $2.62 vs consensus of $2.47 per diluted share. Our guidance assumes timely and appropriate rate relief in all of our jurisdictions.
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Avista GAAP EPS of $0.16 misses by $0.01, revenue of $368.52M beats by $58.73M, confirms FY earning guidance