Avista Corporation (AVA) revealed a profit for second quarter that Drops, from last year and missed the Street estimates.
The company's bottom line came in at $14 million, or $0.17 per share. This compares with $23 million, or $0.29 per share, last year.
Analysts on average had expected the company to earn $0.31 per share. Analysts' estimates typically exclude special items.
Avista Corporation earnings at a glance (GAAP) :
-Earnings: $14 Mln. vs. $23 Mln. last year.-EPS: $0.17 vs. $0.29 last year.
-Guidance:Full year EPS guidance: $2.52 to $2.72
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