NYSE$AVA

Avista Corporation · Q3 2025 earnings

Q3 2025 earnings · · Before market open · Investor relations

Briefing

Avista reported strong third quarter 2025 financial results with higher net income and EPS compared to the prior year period.

For the third quarter of 2025, Avista reported consolidated net income of 29000000 and diluted EPS of 0.36, up from 18000000 and 0.23 in Q3 2024, driven by constructive regulatory outcomes, customer load growth, and disciplined cost management. Total utility segment earnings also increased compared to the prior year period.

  • Consolidated net income increased to 29000000 from 18000000 year over year.
  • Diluted EPS improved to 0.36 from 0.23 in Q3 2024.
  • Avista Utilities segment earnings contributed strongly at 30000000.
  • Results were driven by rate case benefits, customer growth, and cost control.

Headline financials

Total Revenue

$394M

Previous: $394M+0.1%
EPS (adj)

$0.36

Previous: $0.23+56.5%
Electric Utility Margin (Q3)

$191M

Previous: $165M+15.8%
Natural Gas Utility Margin (Q3)

$30M

Previous: $27M+11.1%
Effective Tax Rate (Q3)

0.0%

No prior period
Net Income

$29M

Previous: $18.5M+56.9%
Operating Income

$0.00

Previous: $243M-100.0%

Revenue & EPS history

Avista · Revenue · Quarterly

$394M

Q3 2025+0.1%vs Q3 2024
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Forward guidance

Avista reaffirmed its 2025 consolidated earnings guidance range following the third quarter results, expecting earnings within the previously stated range.

Tailwinds

  • Affirmed 2025 consolidated earnings guidance of $2.52 to $2.72 per diluted share.
  • Avista Utilities expected to deliver at the upper end of its guidance range.
  • Constructive regulatory outcomes supporting utility performance.
  • Disciplined cost management contributing to margin performance.
  • Customer load growth supported improved earnings.

Headwinds

  • Other non-reportable segments incurred minor losses.
  • Revenue slightly below some market expectations.
  • Exposure to regulatory change and rate case timing risk.
  • Potential commodity cost variability for natural gas operations.
  • Uncertainty in non-regulated segment performance.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

-0.0%

Avg return

Earnings day

+0.2%

Avg return

5 days after

-0.3%

Avg return

30 days after

52%

35 / 67 earnings

Positive

+8.4%

Q3 2023

Best reaction

-10.1%

Q3 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025-4.6%-6.4%-6.4%
Q3 2025+2.6%+6.3%+0.1%
Q2 2025-4.2%-2.3%-3.6%
Q1 2025-1.7%-6.1%-10.7%
Q4 2024+3.3%+3.3%+6.1%
Q3 2024-1.8%+1.9%+0.1%
Q1 2024+2.3%+3.9%+2.8%
Q4 2023+0.1%-2.1%-0.8%
Q3 2023+8.4%+10.3%+10.2%
Q2 2023+0.6%-1.2%-11.1%
Q1 2023+1.4%+1.7%-4.7%
Q4 2022+2.5%+1.7%+1.1%
Q3 2022-10.1%-9.5%+0.9%
Q2 2022+0.1%-1.0%-5.4%
Q1 2022+1.8%+5.6%+7.2%
Q4 2021+2.1%+5.0%+5.5%
Q3 2021-1.0%-0.8%-2.1%
Q2 2021-2.5%-4.2%-4.1%
Q1 2021+2.4%+2.8%-2.9%
Q4 2020+4.6%+2.5%+24.3%
Q3 2020-3.1%+3.0%+7.3%
Q2 2020-0.1%+3.1%+0.4%
Q1 2020-1.5%-9.4%-1.1%
Q4 2019-1.0%+1.2%-16.6%
Q3 2019-1.3%-2.3%-0.0%
Q2 2019+2.5%+2.2%+4.6%
Q1 2019+3.1%+2.6%-1.2%
Q4 2018-1.3%-1.2%-1.0%
Q3 2018+0.8%+0.8%-15.6%
Q2 2018-0.1%+0.5%+1.4%
Q1 2018-0.4%-0.3%+0.8%
Q4 2017-1.0%-1.6%+3.5%
Q3 2017-0.6%-0.8%-0.6%
Q2 2017-1.0%-0.7%-2.3%
Q1 2017+2.0%+3.5%+9.3%
Q4 2016-0.5%+1.0%+0.8%
Q3 2016-3.6%-3.3%-3.0%
Q2 2016-0.9%-2.3%-4.8%
Q1 2016+1.6%
Q4 2015+4.1%
Q3 2015+2.6%
Q2 2015+0.7%
Q1 2015-1.2%
Q4 2014-1.5%
Q3 2014-1.8%
Q2 2014+0.1%
Q1 2014+3.6%
Q4 2013-0.5%
Q3 2013+0.2%
Q2 2013+2.2%
Q1 2013+1.5%
Q4 2012-2.0%
Q3 2012-2.1%
Q2 2012-4.5%
Q1 2012-2.5%
Q4 2011-0.6%
Q3 2011-1.4%
Q2 2011-9.6%
Q1 2010+3.5%
Q1 2011+1.6%
Q4 2008+1.0%
Q4 2010+1.0%
Q3 2010+0.0%
Q3 2009+0.0%
Q2 2009+0.9%
Q4 2009+0.9%
Q2 2010+0.9%

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