Avista Corp AVA:NYSE

Last Price$47.60NYSE Closing Price as of 6:30PM ET 9/19/19

Today's Change+0.04(0.08%)
Bid (Size)$25.59 (1)
Ask (Size)$55.00 (77)
Day Low / High$47.48 - 48.38
Volume247.9 K

Avista Q2 EPS Beats Street View, Revenue Misses Forecast; Raises 2019 Guidance

7:57AM ET 8/07/2019 MT Newswires
Avista (AVA), an energy company, early Wednesday reported Q2 earnings per share of $0.38, down from $0.39 during the year-ago quarter but beating the Capital IQ consensus forecast of $0.35.

Total operating revenue for the quarter was $289.8 million, down from $302.2 million for the same period last year, but below the analyst forecast of $312.2 million.

Avista said it is raising its 2019 guidance for consolidated earnings by $0.05 per diluted share to be in a range of $2.83 to $3.03. The company attributed the increased guidance to the gain on the sale of its METALfx subsidiary, and earnings from investments at other businesses.

Price: 45.10, Change: -0.08, Percent Change: -0.18