Avista sees FY24 EPS $2.52-$2.72, consensus $2.54

The company said, “Avista (AVA) Corp. is confirming its 2025 consolidated earnings guidance with a range of $2.52 to $2.72 per diluted share. As a result of $0.15 per diluted share of losses at our other businesses recorded in the first half of the year, we expect to be at the low end of the consolidated range. We expect Avista Utilities to contribute toward the upper end of a range of $2.43 to $2.61 per diluted share in 2025 as a result of strong performance, cost management and constructive regulatory outcomes. Our guidance for Avista Utilities includes an expected $0.12 negative impact from the ERM in 2025, within the 90 percent customer/10 percent Company sharing band. We have already absorbed $0.08 in our results for the first half of 2025. We expect AEL&P to contribute in the range of $0.09 and $0.11 per diluted share in 2025. Over the long term, we expect earnings growth in the 4-6 percent range from our forecast 2025 base year.”