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Why Avista’s Stock Is Sliding Despite Earnings Gain

Why Avista’s Stock Is Sliding Despite Earnings Gain

Avista ( (AVA) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.

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Avista shares slipped as investors focused on earnings pressure from a Washington regulatory order tied to the company’s planned Colstrip coal plant exit, which offset an otherwise solid year-over-year profit gain. The ruling is seen as a near-term drag on results and has raised concerns about regulatory risk around Avista’s energy transition plans.

Management did not change its long-term outlook, keeping guidance for about $585 million in capital spending this year and forecasting a modest $0.10 earnings headwind from its energy risk management program. Avista still targets 4–6% annual earnings growth with an assumed 12% tax rate, signaling confidence that its utility operations and recent RFP results can support steady expansion despite current setbacks.

More about Avista

YTD Price Performance: 10.66%

Average Trading Volume: 699,112

Technical Sentiment Signal: Buy

Current Market Cap: $3.47B

For further insights into AVA stock on TipRanks’ Stock Analysis page.

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