Avista Corp
AVA
ISIN null / Valor 986026
Avista Corp
UMushroom community rating:
About company
Avista Corp is an energy company that specializes in the production, transmission, and distribution of energy, alongside other related services. Operating primarily through its division, Avista Utilities, the company serves a significant customer base, delivering electricity to nearly 403,000 customers and natural gas to approximately 369,000 customers. Its operations span across 30,000 square miles in four northwestern states, indicating a broad geographical footprint in the energy sector. Additionally, through its subsidiary, Alaska Energy and Resources Company, Avista extends its services to the city and borough of Juneau, Alaska, offering retail electric service via Alaska Electric Light and Power Company. This diversified portfolio underscores Avista Corp's role as a key player in the energy industry, catering to a wide range of energy needs in the Northwestern United States.
Summarized from source with an LLMView SourceSector: EnergyLatest Results (07.10.2025):
Avista Corp reported its financial results for the second quarter of 2025, maintaining its earnings guidance for the year. The company's strong utility operations successfully offset investment losses, ensuring steady overall performance.
Net Income
In the second quarter of 2025, Avista Corp achieved a net income of $14 million, compared to $23 million in the same quarter of 2024. For the year-to-date period, net income was $93 million, slightly down from $94 million in 2024.
Earnings Per Share
Earnings per diluted share for Q2 2025 stood at $0.17, a decrease from $0.29 in Q2 2024. Year-to-date earnings per diluted share were $1.15, compared to $1.20 in the previous year.
Utility Margins
The electric utility margin increased by $14 million in Q2 2025 due to general rate cases, customer growth, and non-decoupled load growth. The natural gas utility margin rose by $5 million, primarily driven by similar factors.
Operating Expenses
Other operating expenses grew by $11 million in the second quarter of 2025, attributed to higher employee salaries, benefit costs, and increased thermal generation expenses. Despite higher costs, revenue increases resulted in no negative impact on earnings.
Effective Tax Rate
Avista's effective tax rate for the first half of 2025 was 12.3%, up from 2.9% in the prior year. This increase is mainly due to a reduction in tax customer credits, with expectations of a 12.4% effective tax rate for the full year.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
3320 M
Market cap (USD)
573,814
Daily traded volume (Shares)
36.82 / 36.165
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
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