Overview

* Avista Q2 2025 revenue missed analyst expectations, per LSEG data

* Q2 net income declines due to unrealized losses in clean tech investments

* Co expects Avista Utilities earnings toward upper end of guidance range

Outlook

* Avista ( AVA ) confirms 2025 EPS guidance of $2.52 to $2.72

* Company expects to be at low end of EPS range due to investment losses

* Avista Utilities expected at upper end of $2.43 to $2.61 EPS range

* AEL&P to contribute $0.09 to $0.11 EPS in 2025

Result Drivers

* ELECTRIC UTILITY MARGIN - Increase due to rate cases, customer growth, and non-decoupled load growth

* CLEAN TECH INVESTMENT LOSSES - Unrealized losses in clean technology investments negatively impacted net income

* OPERATING EXPENSES - Rise in employee salaries, benefits, and thermal generation costs, offset by revenue increases

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Miss $400 mln $411.40

Revenue mln (2

Analysts

)

Q2 EPS $0.17

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell"

* The average consensus recommendation for the multiline utilities peer group is "buy."

* Wall Street's median 12-month price target for Avista Corp ( AVA ) is $41.00, about 6.7% above its August 5 closing price of $38.25

* The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 16 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)