Avista (NYSE:AVA – Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 2.520-2.720 for the period, compared to the consensus earnings per share estimate of 2.500. The company issued revenue guidance of -.
Wall Street Analyst Weigh In
Separately, Jefferies Financial Group dropped their target price on shares of Avista from $40.00 to $39.00 and set a “hold” rating on the stock in a report on Tuesday, January 28th.
Read Our Latest Research Report on AVA
Avista Stock Performance
Avista (NYSE:AVA – Get Free Report) last announced its earnings results on Wednesday, February 26th. The utilities provider reported $0.84 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.02). Avista had a net margin of 10.24% and a return on equity of 7.83%. The firm had revenue of $517.00 million during the quarter, compared to analyst estimates of $487.48 million. Equities analysts expect that Avista will post 2.3 EPS for the current fiscal year.
Avista Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Wednesday, February 26th will be issued a $0.49 dividend. This is a boost from Avista’s previous quarterly dividend of $0.48. The ex-dividend date is Wednesday, February 26th. This represents a $1.96 annualized dividend and a dividend yield of 5.05%. Avista’s dividend payout ratio (DPR) is presently 78.09%.
Avista Company Profile
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.
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