Avista Corp. Reports Increase In Q2 Bottom Line

(RTTNews) - Avista Corp. (AVA) revealed earnings for its second quarter that climbed from the same period last year.

The company's profit came in at $25.58 million, or $0.39 per share. This compares with $21.77 million, or $0.34 per share, in last year's second quarter.

Analysts had expected the company to earn $0.36 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 1.5% to $319.30 million from $314.50 million last year.

Avista Corp. earnings at a glance:

-Earnings (Q2): $25.58 Mln. vs. $21.77 Mln. last year. -EPS (Q2): $0.39 vs. $0.34 last year. -Analysts Estimate: $0.36 -Revenue (Q2): $319.30 Mln vs. $314.50 Mln last year.

-Guidance: Full year EPS guidance: $1.90 to $2.10