07.08.2013 13:31:33

Avista Q2 Profit Rises - Quick Facts

(RTTNews) - Avista Corp. (AVA) reported that its second-quarter net income attributable to shareholders increased to $25.66 million or $0.43 per share, from $18.18 million or $0.31 per share, last year.

On average, five analysts polled by Thomson Reuters expected the company to report profit per share of $0.39 for the quarter. Analysts' estimates typically exclude special items.

Operating revenues rose to $352.05 million, from $343.59 million last year. Analysts expected revenue of $357.36 million for the quarter.

Avista confirmed its 2013 guidance for consolidated earnings to be in the range of $1.70 to $1.90 per share. Analysts expect the company to report 2013 profit per share of $1.79.

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