Avista Q3 EPS rises to $0.23; 2024 earnings guidance cut to $2.26 to $2.46
Avista Corp. reported third-quarter 2024 net income of $18.5 million, or $0.23 per diluted share, up from $14.7 million, or $0.19, a year earlier, and year-to-date EPS of $1.44 versus $1.14. The company lowered its 2024 consolidated earnings guidance by $0.10 to a range of $2.26 to $2.46 per diluted share, citing lower-than-expected valuations at its other businesses, which shareholders should weigh against the stronger utility results.
Key points
- Q3 2024 net income $18.5 million ($0.23 per diluted share) vs. $14.7 million ($0.19) in Q3 2023
- Year-to-date 2024 net income $112.8 million ($1.44 per diluted share) vs. $87.0 million ($1.14) in 2023
- 2024 consolidated EPS guidance lowered to $2.26 to $2.46; Avista Utilities expected near the low end of its $2.23 to $2.39 range
- Other businesses now expected to post a net loss in 2024 due to lower private equity valuations
The filing
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 November 05, 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.