RTTNews | Nov 4, 2020 07:22AM EST

07:22 Wednesday, November 4, 2020 (RTTNews.com) - Avista Corp. (AVA) confirmed its 2020 earnings guidance to a consolidated range of $1.75 to $1.95 per share. The company expects to be near the midpoint of the guidance range. Analysts polled by Thomson Reuters expect the company to report profit per share of $1.86. Analysts' estimates typically exclude special items.

Third quarter net income to shareholders was $4.9 million, or $0.07 per share, compared to $5.1 million, or $0.08 per share, a year ago. On average, five analysts polled by Thomson Reuters expected the company to report profit per share of $0.12, for the quarter.

Third quarter operating revenues declined to $263.56 million from $274.93 million, previous year. Analysts expected revenue of $301.1 million, for the quarter.

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