SPOKANE, Wash., Feb. 26, 2025 (GLOBE NEWSWIRE) – Avista Corp. (NYSE: AVA) announced its full-year 2024 earnings, reporting consolidated earnings per diluted share of $2.29. The company also provided 2025 earnings guidance in the range of $2.52 to $2.72 per share, signaling expected growth in the coming year.
Key Financial Highlights:
- 2024 Consolidated EPS: $2.29, reflecting stable financial performance.
- 2025 EPS Guidance: $2.52 – $2.72, suggesting continued profitability and operational efficiency.
- Revenue & Cash Flow Details: Yet to be disclosed but remain key to evaluating growth momentum.
What’s Driving Avista’s Outlook?
- Utility Business Stability – As a regulated utility, Avista benefits from consistent demand and rate-based revenue.
- Infrastructure Investments – The company is expanding and modernizing its energy grid, which could drive future earnings growth.
- Renewable Energy Initiatives – Avista is increasing its focus on clean energy, aligning with sustainability goals and regulatory trends.
Investor Considerations:
- Dividend Potential: Investors may watch for dividend increases, given Avista’s steady earnings.
- Regulatory Factors: Future rate adjustments and policy changes could impact revenue growth.
- Long-Term Expansion Plans: Continued investments in grid modernization and renewable energy could support higher profitability.
Final Thoughts:
Avista Corp.’s 2024 earnings of $2.29 per share and 2025 guidance projecting growth to $2.52 – $2.72 per share reflect financial stability and future expansion plans. Investors will be watching for utility sector trends, regulatory updates, and dividend outlook to assess long-term growth potential.
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