Avista (NYSE:AVA) Releases Quarterly Earnings Results, Misses Estimates By $0.02 EPS

Posted by James Conley on Feb 27th, 2025

Avista (NYSE:AVA – Get Free Report) released its quarterly earnings results on Wednesday. The utilities provider reported $0.84 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.02), Zacks reports. Avista had a return on equity of 7.83% and a net margin of 10.24%. The company had revenue of $517.00 million during the quarter, compared to the consensus estimate of $487.48 million. Avista updated its FY 2025 guidance to 2.520-2.720 EPS.

Avista Stock Up 3.1 %

Avista stock opened at $39.83 on Thursday. Avista has a 12 month low of $32.70 and a 12 month high of $40.17. The company has a current ratio of 0.75, a quick ratio of 0.48 and a debt-to-equity ratio of 1.05. The firm has a market cap of $3.15 billion, a price-to-earnings ratio of 15.87, a PEG ratio of 2.56 and a beta of 0.49. The stock has a fifty day simple moving average of $36.65 and a two-hundred day simple moving average of $37.55.

Avista Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Wednesday, February 26th will be given a $0.49 dividend. The ex-dividend date of this dividend is Wednesday, February 26th. This is a boost from Avista’s previous quarterly dividend of $0.48. This represents a $1.96 annualized dividend and a yield of 4.92%. Avista’s dividend payout ratio is 78.09%.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group dropped their price objective on shares of Avista from $40.00 to $39.00 and set a “hold” rating on the stock in a research note on Tuesday, January 28th.

View Our Latest Report on AVA

About Avista

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Avista Corporation, together with its subsidiaries, operates as an electric and natural gas utility company. It operates in two segments, Avista Utilities and AEL&P. The Avista Utilities segment provides electric distribution and transmission, and natural gas distribution services in parts of eastern Washington and northern Idaho; and natural gas distribution services in parts of northeastern and southwestern Oregon, as well as generates electricity in Washington, Idaho, Oregon, and Montana.