Benzinga | Aug 4, 2021 07:14AM EDT

Avista: Q2 Earnings Insights



Shares of Avista (NYSE:AVA) were unchanged after the company reported Q2 results.

Quarterly Results

Earnings per share decreased 23.08% year over year to $0.20, which missed the estimate of $0.26.

Revenue of $287,560,000 higher by 7.16% from the same period last year, which missed the estimate of $300,060,000.

Looking Ahead

Avista hasn't issued any earnings guidance for the time being.

Avista hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: Aug 04, 2021

Time: 10:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/vbfus9s5

Recent Stock Performance

52-week high: $49.14

52-week low: $32.26

Price action over last quarter: down 6.19%

Company Overview

Avista Corp is an electric and natural gas utility company headquartered in Spokane, Washington. Avista primarily operates in the Pacific Northwest of the United States along with some operations in Juneau, Alaska. The company has two major business segments including Avista Utilities, which transmits and distributes electricity and natural gas; and AEL&P, which provides electric services in Juneau, Alaska. The firm primarily uses hydroelectric, thermal, and wind energy to generate power. Secondarily, Avista engages in sheet metal fabrication of electronics for a variety of industries (computer, construction, medical industries, and so on).