Avista Corp. Q4 Profit Edges Up, Backs 2015 Outlook - Quick Facts

(RTTNews) - Utility company Avista Corp. (AVA) reported that fourth-quarter net income attributable to the shareholders was $32.22 million or $0.51 per share, compared to $31.67 million or $0.53 per share in the prior-year quarter.

Net income from continuing operations attributable to the company shareholders was $30.58 million or $0.48 per share, compared to $30.39 million or $0.51 per share in the year-ago quarter.

Analysts polled by Thomson-Reuters expected the company to report earnings of $0.55 per share for the quarter. Analysts' estimates typically exclude one-time items.

Operating revenues from continuing operations for the quarter improved to $411.85 million from $404.28 million in the same quarter last year.

Looking ahead to fiscal 2015, the company continues to project earnings in a range of $1.86 to $2.06 per share. Analysts are currently looking for earnings of $1.98 per share for the full-year 2015.