Avista Corporation Reports Slight Decline in Q2 Net Income to $14 Million; EPS Drops to $0.28
Reuters
Aug 06
Avista Corporation Reports Slight Decline in Q2 Net Income to $14 Million; EPS Drops to $0.28
Avista Corporation has released its financial results for the second quarter of 2025. The company reported net income of $23 million for the second quarter, compared to $94 million for the same period in 2024. The year-to-date net income for 2025 is reported at $94 million. The earnings per share for the second quarter were $0.29, with a year-to-date EPS of $1.20. Avista Utilities' electric utility margin increased by $14 million in the second quarter, contributing an additional $0.17 to the earnings per share. The natural gas utility margin saw a rise of $5 million, adding $0.06 to the EPS. Looking ahead, Avista Corporation confirmed its 2025 earnings guidance, noting that strong utility performance is expected to offset investment losses. The company anticipates Avista Utilities' results to be toward the upper end of its guidance, while consolidated earnings for 2025 are expected to be at the low end of the range due to unrealized losses on investments. The company remains focused on executing its business plans to meet future customer needs.
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