- Avista press release ( NYSE: AVA ): Q4 GAAP EPS of $1.05 beats by $0.28 .
- Revenue of $496.77M (+18.6% Y/Y) beats by $125.18M .
- Avista Corp. is confirming its 2023 consolidated earnings guidance with a range of $2.27 to $2.47 per diluted share.
- We expect Avista Utilities to contribute in the range of $2.15 to $2.31 per diluted share vs. $2.31 consensus. The mid-point of our Avista Utilities' guidance range does not include any expense or benefit under the ERM. For 2023, we expect to be in the deadband of the ERM, with an increase to earnings of $0.03 per diluted share. We expect to manage our operating costs to an increase of 2 percent in 2023.
-
We expect AEL&P to contribute in the range of $0.08 to $0.10 per diluted share.
We expect the other businesses to contribute in the range of $0.04 to $0.06 per diluted share.
For further details see:
Avista GAAP EPS of $1.05 beats by $0.28, revenue of $496.77M beats by $125.18M