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Avista: Reliable Income And Growth From A Small Utility
Seeking Alpha· 2025-01-07 17:36
In a world where explosive investment gains are profiled on major news outlets on a daily basis, many investors are tempted to shoot for the moon. Three decades and even more stock market cycles have taught us at 2nd Market Capital that it is the singles and doubles that drive long-term performance. With that in mind, we would like to discuss a particularly reliable investment: Avista Corporation (NYSE:AVA). Avista is a small electric and gas utility operating in the northwestern U.S. Like most utilities, i ...
Avista submits 2025 Electric Integrated Resource Plan
GlobeNewswire· 2025-01-02 22:00
Will issue Request for Proposals (RFP) to ensure reliable service in the futureSPOKANE, Wash., Jan. 02, 2025 (GLOBE NEWSWIRE) -- Avista Utilities, an operating division of Avista Corp. (NYSE: AVA), has filed its 2025 Electric Integrated Resource Plan (IRP) with the Washington Utilities and Transportation Commission and the Idaho Public Utilities Commission. Avista produces an electric IRP every two years detailing projected growth in electricity demand and the new resources needed to serve customers over th ...
Avista Posts Updated Corporate Responsibility Report
GlobeNewswire· 2024-12-23 21:05
The latest environmental, social and governance (ESG) information can be found at avistacorp.com. SPOKANE, Wash., Dec. 23, 2024 (GLOBE NEWSWIRE) -- Today, Avista (NYSE: AVA) published its latest Corporate Responsibility report and other environmental, social and governance (ESG) information on its corporate website, avistacorp.com. The content reports on Avista’s operations and includes commitments in four areas: environment, people, customers and communities, and ethical governance. The latest report inclu ...
Avista Receives Commission Decision in Washington General Rate Cases
GlobeNewswire· 2024-12-23 12:05
Company pleased with the fair and balanced decision for the Company and its customersSPOKANE, Wash., Dec. 23, 2024 (GLOBE NEWSWIRE) -- Avista's (NYSE: AVA) electric and natural gas general rate cases filed in January 2024 have concluded, with an order from the Washington Utilities and Transportation Commission (Commission) approving a two-year rate plan that will change electric and natural gas rates, beginning Jan. 1, 2025, and Jan. 1, 2026. For electric operations, the Commission approved rates designed t ...
Avista(AVA) - 2024 Q3 - Earnings Call Transcript
2024-11-06 17:44
Avista Corporation (NYSE:AVA) Q3 2024 Earnings Conference Call November 6, 2024 10:30 AM ET Company Participants Stacey Wenz - IR Manager Dennis Vermillion - CEO Heather Rosentrater - President and COO Kevin Christie - SVP and CFO, Treasurer and Regulatory Affairs Officer Conference Call Participants Brian Russo - Jefferies Anthony Crowdell - Mizuho Sophie Karp - KBCM Operator Good day and thank you for standing by. Welcome to the Avista Corporation Q3 2024 Earnings Conference Call. At this time, all partic ...
Avista (AVA) Q3 Earnings Top Estimates
ZACKS· 2024-11-06 13:21
Avista (AVA) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 64.29%. A quarter ago, it was expected that this utility would post earnings of $0.22 per share when it actually produced earnings of $0.29, delivering a surprise of 31.82%.Over the last four quarters, the company has surpas ...
Avista Corp. Reports Financial Results for the Third Quarter of 2024
GlobeNewswire News Room· 2024-11-06 12:05
Quarterly results demonstrate continued improvement at core utility from 2023Expect to be at the low end of Avista Utilities guidance rangeLowering earnings guidance for our other businesses due to lower than expected investment valuations SPOKANE, Wash., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) today announced financial results for the third quarter of 2024. Net income and earnings per diluted share for the third quarter and year-to-date 2024 compared to the same periods in 2023 are prese ...
Avista(AVA) - 2024 Q3 - Quarterly Results
2024-11-06 00:30
Exhibit 99.1 1 Contact: Media: Lena Funston (509) 495-8090 lena.funston@avistacorp.com Investors: Stacey Wenz (509) 495-2046 stacey.wenz@avistacorp.com Avista 24/7 Media Access (509) 495-4174 Avista Corp. Reports Financial Results for the Third Quarter of 2024 • Quarterly results demonstrate continued improvement at core utility from 2023 • Expect to be at the low end of Avista Utilities guidance range • Lowering earnings guidance for our other businesses due to lower than expected investment valuations | - ...
Avista(AVA) - 2024 Q3 - Quarterly Report
2024-11-06 00:29
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission file number 1-3701 AVISTA CORPORATION (Exact name of Registrant as specified in its charter) Washington 91-0462470 | --- | --- | --- | |---- ...
Avista joins PGE, Grid United and ALLETE in 3,000 megawatt east-west transmission line
GlobeNewswire News Room· 2024-11-05 00:16
SPOKANE, Wash., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Avista Corporation (NYSE: AVA) today signed a nonbinding memorandum of understanding with North Plains Connector LLC, a wholly owned entity of Grid United, in the development of the North Plains Connector, an approximately 420-mile high-voltage direct-current (HVDC) transmission line to be constructed with endpoints near Bismarck, North Dakota and Colstrip, Montana. The parties will now work to finalize definitive agreements regarding Avista's participation, ...