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AI brief of an SEC Form 8-K · Avista (AVA)

Avista Q1 2024 EPS rises to $0.91 from $0.73; 2024 earnings guidance confirmed

Positive Impact 3 of 5 earnings Written later

Avista Corp. reported first-quarter 2024 net income of $71.5 million, or $0.91 per diluted share, up from $54.8 million, or $0.73 per diluted share, in the first quarter of 2023. The company confirmed its 2024 consolidated earnings guidance of $2.36 to $2.56 per diluted share, and said the Energy Recovery Mechanism is expected to reduce 2024 earnings by $0.07 per diluted share.

Key points

  • Q1 2024 net income was $71.5 million versus $54.8 million in Q1 2023
  • Q1 2024 earnings per diluted share were $0.91 versus $0.73 a year earlier
  • 2024 consolidated earnings guidance confirmed at $2.36 to $2.56 per diluted share
  • Avista Utilities expects to contribute $2.23 to $2.39 per diluted share in 2024; the ERM is expected to have a negative $0.07 impact for the full year

The filing

CompanyAvista (AVA)
Form8-K, current report
Filed with the SECApr 30, 2024, 6:56 PM ET
Accession number0000950170-24-050790

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 30, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.