Avista Corporation has confirmed its consolidated earnings guidance for the year ended December 31, 2025, with a range of $2.52 to $2.72 per diluted share. The company also expects earnings growth in the 4-6% range over the long term, based on its forecast 2025 base year.
Avista Corporation (NYSE: AVA) has confirmed its consolidated earnings guidance for the year ended December 31, 2025, with a range of $2.52 to $2.72 per diluted share. The company also expects earnings growth in the 4-6% range over the long term, based on its forecast 2025 base year [1].
In its second-quarter 2025 financial results, Avista Corporation reported a net income of $14 million, a decrease of $9 million compared to the same period in 2024. The earnings per diluted share for the second quarter 2025 were $0.17, down from $0.29 in 2024 [1]. Avista Utilities, the company's operating division, contributed significantly to the overall performance, with earnings per diluted share of $1.25 for the second quarter 2025, up from $1.17 in 2024 [1].
The company attributed the decrease in net income to lower valuations in its investment portfolio, primarily due to shifting public policy and sentiment. However, Avista Corporation remains optimistic about its strategic progress, with expectations for Avista Utilities' results to be toward the upper end of its guidance [1].
Avista Corporation expects to be at the low end of its consolidated range for 2025, primarily due to unrealized losses on its investments. The company's long-term growth expectations are based on its forecast 2025 base year, with earnings growth anticipated to be in the 4-6% range over the long term [1].
The company's capital expenditures for 2025 are expected to be about $525 million for Avista Utilities and $21 million for AEL&P, with total capital expenditures for the five-year period ending in 2029 estimated at $3 billion [1]. Avista Corporation also expects to issue up to $80 million of common stock in 2025, including $35 million issued in the first half of the year [1].
Avista Corporation will host a conference call with financial analysts and investors on August 6, 2025, at 10:30 a.m. ET to discuss its financial results for the second quarter of 2025. The call can be accessed on Avista’s website at investor.avistacorp.com [1].
References:
[1] https://investor.avistacorp.com/news-releases/news-release-details/avista-corp-reports-financial-results-second-quarter-2025
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