Avista

Avista Corp. is a holding company, which engages in the provision of electric and natural gas utility business. It operates through the Avista Utilities, and Alaska Electric Light and Power Company (AEL&P) segments. The Avista Utilities segment includes electric distribution and transmission, and natural gas distribution services in parts of eastern Washington, Northern Idaho, and Northeastern and Southwestern Oregon. The AEL&P segment offers electric services in Juneau. The company was founded on March 13, 1889 and is headquartered in Spokane, WA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Avista (AVA) reports solid earnings growth and boosts dividend

Avista Corporation delivered improved earnings performance in Q4 2022, driven by strong full-year results and a focus on clean energy initiatives. While facing challenges from external economic factors, the company remains well-positioned for growth with strategic regulatory approvals and dividend increases.

Avista reports Q1 earnings decline, emphasizes renewable energy initiatives

Avista Corporation's Q1 2023 earnings call reflected a decline in earnings compared to the previous year, with a focus on renewable energy initiatives and leadership transitions. The company reaffirmed its annual guidance and addressed analyst inquiries on various operational and strategic aspects.

Avista reports Q2 earnings growth, navigates cost challenges ahead

Avista Corporation showed improved earnings performance in Q2 2023, driven by regulatory wins and operational efficiencies.
While facing challenges from higher costs and lower year-to-date earnings, Avista remains focused on growth opportunities.
Maintaining guidance and investing in utility infrastructure position Avista well for future earnings stability and growth.

Avista reports strong Q3 earnings, eyes long-term growth opportunities

Avista Corporation's Q3 2023 performance reflects a turnaround in earnings, driven by growth in consolidated earnings and improved results at Avista Utilities.
While facing challenges such as resource costs and timing issues for earnings growth, Avista demonstrates resilience and strategic planning in maintaining financial stability.
Investors can look forward to potential long-term growth opportunities as Avista focuses on infrastructure investments, operational efficiency, and sustained profitability.

Avista (AVA) reports solid Q4 earnings, eyes growth opportunities

Avista's Q4 2023 earnings call highlighted a strong financial performance, progress towards clean energy goals, upcoming rate cases, and planned capital expenditures for growth. The company remains focused on long-term earnings growth through regulatory outcomes and cost management strategies.

Avista reports robust Q1 earnings, plans infrastructure investments for growth

Avista Corporation's Q1 2024 performance reflects resilience and strategic planning amidst operational challenges and regulatory impacts. The company's commitment to modernization, ethical practices, and safety initiatives positions it well for sustainable growth. Avista's focus on infrastructure investments and revenue opportunities underscores a proactive approach to addressing market demands and enhancing shareholder value.

Avista reports strong Q2 earnings, advances clean energy initiatives

Avista Corporation demonstrated robust financial performance and operational stability in Q2 2024, supported by earnings growth and strategic initiatives.
While facing challenges such as plant transitions and environmental risks, the company is well-positioned to capitalize on growth opportunities in clean energy.
Overall, Avista's proactive approach to regulatory compliance and sustainable practices positions it for long-term success and value creation for stakeholders.

Avista reports robust Q3 earnings, navigates regulatory challenges and opportunities

Avista Corporation delivered strong financial performance in Q3 2024, showcasing growth in earnings and strategic initiatives.
The company's leadership emphasized progress in regulatory strategy, clean energy goals, and infrastructure investments.
While facing challenges in financial commitments and regulatory landscape, Avista remains focused on seizing opportunities in clean energy and regulatory influence.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Avista Corp. is a holding company, which engages in the electric and natural gas utility businesses. It operates through the Avista Utilities and Alaska Electric Light and Power Company segments. The Avista Utilities segment includes electric distribution and transmission, and natural gas distribution services in parts of eastern Washington, Northern Idaho, and Northeastern and Southwestern Oregon. The Alaska Electric Light and Power Company segment offers electric services in Juneau. The company was founded on March 13, 1889 and is headquartered in Spokane, WA.

Avista Corporation (NYSE:AVA ) Q3 2023 Earnings Conference Call November 1, 2023 10:00 AM ET Company Participants Stacey Wenz - IR Manager Dennis Vermillion - President and CEO Kevin Christie - SVP and CFO Conference Call Participants Tanner James - Bank of America Securities Brian Russo - Sidoti Jamieson Ward - Guggenheim Partners Willard Grainger - Mizuho Financial Group Operator Good day, and thank you for standing by. Welcome to the Avista Corporation Q3 2023 Earnings Conference Call.

Avista Corporation (AVA) Q3 2023 Earnings Call Transcript

SPOKANE, Wash., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) today reported net income of $14.7 million, or earnings of $0.19 per diluted share, for the third quarter of 2023, compared to a net loss of $5.8 million, or $0.08 per diluted share, for the third quarter of 2022. For the nine months ended Sept. 30, 2023, net income was $87.0 million, or $1.14 per diluted share, compared to $77.2 million, or $1.06 per diluted share for the nine months ended Sept. 30, 2022.

Avista Corp. Reports Financial Results for the Third Quarter of 2023

Avista Corporation is a regulated electric and natural gas utility operating in the Pacific Northwest and Alaska. The company has stable cash flows and a high dividend yield of 5.72%. Despite a decline in stock price, Avista Corporation has outperformed the U.S. Utilities Index and may be undervalued.

Avista: Holding Up Pretty Well, But Still Has Attractive Valuation Vs. Peers

SPOKANE, Wash., Oct. 27, 2023 (GLOBE NEWSWIRE) -- Avista (NYSE:AVA) received approval from the Public Utility Commission of Oregon (OPUC or Commission) of the settlement agreement that was filed on August 3, 2023, concluding the Company's natural gas general rate case.

Avista receives approval of all-party, all-issues settlement in Oregon general rate case

Avista (AVA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Avista (AVA) Earnings Expected to Grow: Should You Buy?

SPOKANE, Wash., Oct. 11, 2023 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss third quarter 2023 results on Wednesday, November 1, 2023, at 10:30 a.m. Eastern Daylight Time. A news release with third quarter 2023 earnings information will be issued at 7:05 a.m. Eastern Daylight Time on November 1, 2023.

Avista Corp. Third Quarter 2023 Earnings Conference Call and Webcast Announced

ALLETE

Black Hills

Dominion Energy

Evergy Inc

NorthWestern

Northwest Natural Gas

OGE Energy

PG&E

Spire Global

S&P 500 utility stocks aren't just paying sky-high dividends. Their yields are now reaching irresistible heights, analysts say.

11 Stocks Offer 'Rare Opportunity' On Top Of 5%-Plus Yields

SPOKANE, Wash., Oct. 04, 2023 (GLOBE NEWSWIRE) -- The Avista Foundation announced its third quarter grants today, awarding more than $171,000 to 24 non-profit organizations in Washington, Idaho, Oregon, Montana, and Alaska.

Avista Foundation Announces Third Quarter Grants

SPOKANE, Wash., Sept. 07, 2023 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) announced that Senior Vice President and Chief Operating Officer Heather Rosentrater will become President and COO, making her the first female President in the company's 134 year history. Dennis Vermillion will remain Avista's Chief Executive Officer. The changes will go into effect on Oct. 1, 2023.

Avista Corp. Names New President and Announces Senior Leadership Changes

SPOKANE, Wash., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Avista, through a request for proposal (RFP), is seeking to secure renewable natural gas (RNG) or responsibly sourced gas (RSG) resources for its customers over the long term.

Avista issues request for proposals for renewable or responsibly produced natural gas

Overall changes in electric and natural gas prices would be effective November 1, 2023. Overall changes in electric and natural gas prices would be effective November 1, 2023.

Avista Makes Annual Price Adjustment Requests in Washington and Idaho

SPOKANE, Wash., Aug. 31, 2023 (GLOBE NEWSWIRE) -- Avista (NYSE:AVA) received approval from the Idaho Public Utilities Commission (IPUC or Commission) of the multiparty settlement agreement that was filed on June 14, 2023, concluding the Company's electric and natural gas general rate cases.

Avista receives approval of multiparty settlement in Idaho general rate cases

Avista Corporation is a regulated electric and natural gas utility operating in the Pacific Northwest states. The company enjoys stable revenue and cash flow due to customers considering its product a necessity. Avista Corporation has plans to invest in infrastructure upgrades and expects to grow its rate base and earnings per share.

Avista: Good Utility And Attractive Total Return Potential

SPOKANE, Wash., Aug. 03, 2023 (GLOBE NEWSWIRE) -- Avista (NYSE: AVA), the Staff of the Public Utility Commission of Oregon (Commission), the Oregon Citizens' Utility Board (“CUB”), Alliance of Western Energy Consumers (“AWEC”), and the joint intervenor Sierra Club/Climate Solutions, parties to the Company's natural gas general rate case, have reached a settlement agreement that has been submitted to the Commission for its consideration, and which would resolve all remaining issues in the proceeding.

Avista reaches all-party, all-issues settlement in Oregon general rate case

Avista (AVA) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.16 per share a year ago.

Avista (AVA) Beats Q2 Earnings Estimates

SPOKANE, Wash., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) today reported net income of $17.5 million, or earnings of $0.23 per diluted share, for the second quarter of 2023, compared to $11.5 million, or $0.16 per diluted share, for the second quarter of 2022. For the six months ended June 30, 2023, net income was $72.3 million, or $0.96 per diluted share, compared to $83.0 million, or $1.15 per diluted share for the six months ended June 30, 2022.

Avista Corp. Reports Financial Results for the Second Quarter of 2023

Earnings Preview: Avista (AVA) Q2 Earnings Expected to Decline

NextEra Energy

Investors interested in Utility - Electric Power stocks are likely familiar with Avista (AVA) and NextEra Energy (NEE). But which of these two stocks presents investors with the better value opportunity right now?

AVA or NEE: Which Is the Better Value Stock Right Now?

SJW Group

Via Renewables

The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies.

Top 3 Utilities Stocks Which Could Rescue Your Portfolio This Quarter

In trading on Friday, shares of Avista were yielding above the 5% mark based on its quarterly dividend (annualized to $1.84)

Avista Passes Through 5% Yield Mark

SPOKANE, Wash., July 06, 2023 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss second quarter 2023 results on Wednesday, August 2, 2023, at 10:30 a.m. Eastern Daylight Time. A news release with second quarter 2023 earnings information will be issued at 7:05 a.m. Eastern Daylight Time on August 2, 2023.

Avista Corp. Second Quarter 2023 Earnings Conference Call and Webcast Announced

WEC Energy Group

Investors looking for stocks in the Utility - Electric Power sector might want to consider either Avista (AVA) or WEC Energy Group (WEC). But which of these two stocks is more attractive to value investors?

AVA or WEC: Which Is the Better Value Stock Right Now?

Avista Corporation's (AVA) proposed electric and natural gas revenue increase requests are based on a rate of return of 7.59%, with a common equity ratio of 50% and a return on equity of 10.25%.

Avista (AVA) Reaches Settlement for Idaho General Rate Case

If approved, new rates would take effect beginning Sept. 2023 and Sept. 2024 If approved, new rates would take effect beginning Sept. 2023 and Sept. 2024

Avista reaches multiparty settlement of all issues in Idaho general rate case

Con Ed

E.ON SE

Pampa Energia

TransAlta

If you are planning on investing in utilities today, better keep the long-term perspective in mind.

News for Avista Stock (AVA)