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Market Impact: 0.32

Avista (AVA) Surpasses Q1 Earnings Estimates

AVA
Corporate EarningsCompany FundamentalsAnalyst Estimates

Avista reported quarterly EPS of $1.10, beating the Zacks Consensus Estimate of $1.08 and up from $0.98 a year ago. The 2-cent earnings beat and year-over-year improvement point to modestly better-than-expected operating performance. The release is positive for AVA, but the move is likely to be limited absent updated guidance or additional fundamentals.

Analysis

Avista reported quarterly EPS of $1.10, beating the Zacks Consensus Estimate of $1.08 and up from $0.98 a year ago. The 2-cent earnings beat and year-over-year improvement point to modestly better-than-expected operating performance. The release is positive for AVA, but the move is likely to be limited absent updated guidance or additional fundamentals.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.34

Ticker Sentiment

AVA0.40