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 ...

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 | - ...

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 | --- | --- | --- | |---- ...

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, ...

SPOKANE, Wash., Nov. 01, 2024 (GLOBE NEWSWIRE) -- Today, Avista (NYSE: AVA) filed a request with the Public Utility Commission of Oregon (PUC) to increase natural gas base rates effective September 1, 2025. The proposal is designed to increase overall natural gas base revenue by approximately $7.8 million, or 6.6% on a billed basis, and is based on a proposed rate of return of 7.67% with a common equity ratio of 50% and a 10.4% return on equity. “Our customers remain our primary focus as we make decisions a ...

Avista (AVA) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on November 6. On ...

SPOKANE, Wash., Oct. 29, 2024 (GLOBE NEWSWIRE) -- The Avista Foundation is awarding $122,750 in grants to 27 nonprofit organizations in Washington, Idaho, Oregon, and Alaska to support economic and community development. "With these contributions, the Avista Foundation is creating positive change, driving economic development, and enriching our communities," said Dennis Vermillion, Avista CEO. The third-quarter grants support a diverse range of organizations and programs. A few examples include: Supporting ...

SPOKANE, Wash., Oct. 28, 2024 (GLOBE NEWSWIRE) -- The Q’emiln Park boat launch ramp on the Spokane River in Post Falls, Idaho, will be closed for the season beginning Monday, Nov. 11. The ramp, located upstream of Avista’s Post Falls Hydroelectric Development, is typically closed each year in mid-November due to weather conditions and dropping water levels. The boat launch must remain closed for safety reasons for much of the fall through spring. Generally, the ramp re-opens in the late spring or early summ ...

Investors with an interest in Utility - Electric Power stocks have likely encountered both Avista (AVA) and Consolidated Edison (ED) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and o ...

SPOKANE, Wash., Oct. 21, 2024 (GLOBE NEWSWIRE) -- The U.S. Department of Energy (DOE) is awarding $85,664,781 in grant funding through its Grid Resilience and Innovation Partnerships (GRIP) program to Avista, in partnership with Idaho Power, to reconstruct the Lolo-Oxbow 230-kV transmission line. The line runs from the Oxbow Dam on the Oregon-Idaho border to Lewiston, Idaho. Idaho Power’s new Pallette Junction Station will increase interregional transfer capability between the Pacific Northwest and Mountain ...