Avista Utilities, an operating division of Avista Corp. (AVA), is planning to reduce carbon-emitting resources from its portfolio in alignment with the company’s clean electricity goal announced in 2019. In its 2020 Electric Integrated Resource Plan (IRP) filed today with the Idaho Public Utility Commission, Avista is projecting a much cleaner generation mix. “This IRP reflects a significant reduction in fossil fuel generation for our customers,” said Jason Thackston, Avista’s senior vice president of energy resources.

Ladies and gentlemen, thank you for standing by, and welcome to the Avista Corporation First Quarter 2020 Earnings Call. Joining me this morning are Avista Corp. President and CEO, Dennis Vermillion; Executive Vice President, Treasurer and CFO, Mark Thies; Senior Vice President, External Affairs and Chief Customer Officer, Kevin Christie; and Vice President, Controller and Principal Accounting Officer, Ryan Krasselt.

Avista Corp tops the list Continue reading...

Avista (AVA) today received an order from the Washington Utilities and Transportation Commission (WUTC or Commission) that will refund $8.4 million to Avista’s customers as a result of the appeal and remand of the Company’s 2015 general rate cases. “We believe this outcome is fair and reasonable for our customers, shareholders and Avista,” said Dennis Vermillion, Avista president and CEO. The refund amount that will be on customer bills and the way it will be distributed will be determined in Avista’s ongoing 2019 general rate cases.

Avista Corporation (NYSE:AVA) shareholders are probably feeling a little disappointed, since its shares fell 4.7% to...

SPOKANE, Wash., April 10, 2020 -- Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss first quarter 2020 results on Friday, May 8, 2020, at.

Q4 2019 Avista Corp Earnings Call

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Avista’s (AVA) electric and natural gas general rate cases concluded today with an order received from the Washington Utilities and Transportation Commission (UTC or Commission) that approved the partial multi-party settlement filed in November 2019 and that will keep rates reasonable for customers during this difficult time. “We appreciate the Commission’s efforts to arrive at a result that keeps rates affordable for our customers during this difficult and uncertain time and that is also fair and reasonable for our shareholders,” said Dennis Vermillion, Avista president and CEO. “We are pleased with this outcome, which demonstrates support of Avista’s efforts to invest in and maintain our infrastructure so we can continue to provide the reliable energy our customers expect.”

Avista (AVA) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Amid market turmoil, Utilities can provide a safe haven to investors, following Central Bank's lowering of rates to counter the impact of coronavirus on economic growth.

Q1 2020 Avista Corp Earnings Call

Avista (AVA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Avista Corp.’s (NYSE: AVA) board of directors has declared a quarterly dividend of $0.405 per share on the company’s common stock. The common stock dividend is payable June 15, 2020, to shareholders of record at the close of business on May 29, 2020. The declaration of dividends is at the sole discretion of the board of directors.

Could Avista Corporation (NYSE:AVA) be an attractive dividend share to own for the long haul? Investors are often...

Today we'll evaluate Avista Corporation (NYSE:AVA) to determine whether it could have potential as an investment idea...

Avista (AVA) delivered earnings and revenue surprises of 9.09% and -2.66%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Shares of Avista (NYSE:AVA) were flat in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share fell 59.09% year over year to $0.72, which beat the estimate of $0.65.Revenue of $377,205,000 lower by 0.13% year over year, which missed the estimate of $412,630,000.Looking Ahead Avista hasn't issued any earnings guidance for the time being.Revenue guidance hasn't been issued by the company for now.Details Of The Call Date: May 08, 2020View more earnings on AVAWebcast URL: https://edge.media-server.com/mmc/p/kp6brthrRecent Stock Performance 52-week high: $53.00Company's 52-week low was at $32.09Price action over last quarter: down 17.44%Company Overview Avista Corp is an electric and natural gas utility company headquartered in Spokane, Washington. Avista primarily operates in the Pacific Northwest of the United States along with some operations in Juneau, Alaska. The company has two major business segments including Avista Utilities, which transmits and distributes electricity and natural gas; and AEL&P, which provides electric services in Juneau, Alaska. The firm primarily uses hydroelectric, thermal, and wind energy to generate power. Secondarily, Avista engages in sheet metal fabrication of electronics for a variety of industries (computer, construction, medical industries, and so on).See more from Benzinga * Recap: Northwest Natural Q1 Earnings * Recap: Evertec Q1 Earnings * Arbor Realty Trust: Q1 Earnings Insights(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Last week, you might have seen that Avista Corporation (NYSE:AVA) released its annual result to the market. The early...

Avista Corp. (NYSE: AVA) today reported net income attributable to Avista Corp. shareholders of $48.4 million, or $0.72 per diluted share for the first quarter of 2020, compared to $115.8 million, or $1.76 per diluted share for the first quarter of 2019. The COVID-19 global pandemic is currently impacting all aspects of our business, as well as the global, national and local economies.