Avista(US:AVA)2025-11-05 15:30Financial Performance - Q3 2025 earnings per diluted share were $0.36, compared to $0.23 in Q3 2024[8] - Year-to-date 2025 earnings per diluted share were $1.51, compared to $1.44 year-to-date 2024[8] - Avista Utilities contributed $0.38 earnings per diluted share in Q3 2025, compared to $0.25 in Q3 2024[8] - AEL&P reported a loss of $0.01 per diluted share in Q3 2025[8] - The company expects Avista Utilities to contribute toward the upper end of the 2025 guidance range of $2.43-$2.61 due to strong performance[23, 24] - The company expects to be at the low end of the consolidated guidance range of $2.52-$2.72 due to $0.16 per diluted share of losses at other businesses[23, 24] Regulatory Outcomes - Washington saw base electric revenue increase of $11.9 million (2%) in year 1 and $68.9 million (11.6%) in year 2, and base gas revenue increase of $14.2 million (11.2%) in year 1 and $4.0 million (2.8%) in year 2[12] - Idaho saw base electric revenue increase of $19.5 million (6.3%) in year 1 and $14.7 million (4.5%) in year 2, and base gas revenue increase of $4.6 million (9.2%) in year 1 and $0.2 million (0.4%) in year 2[12] - Oregon saw base revenue increase of $4.2 million (2% net of tax customer credits)[14] Capital Investments - The company anticipates base capital expenditure between 2025 and 2030, ranging from $525 million in 2025 to $705 million in 2030[16] - Transmission and distribution account for 46% of Avista Utilities' expected capital spend from 2025-2030[17] - Generation accounts for 17% of Avista Utilities' expected capital spend from 2025-2030[17] Balance Sheet and Liquidity - $45 million in common stock was issued through 9/30/2025[22] - $120 million in long-term debt was issued in July 2025[22] - The company has $253 million in available liquidity as of September 30, 2025[22]