Avista Corp. (AVA) reported a profit for its first quarter that increased from the same period last year but missed the Street estimates.
The company's bottom line came in at $79 million, or $0.98 per share. This compares with $71 million, or $0.91 per share, last year.
Analysts on average had expected the company to earn $1.03 per share. Analysts' estimates typically exclude special items.
Avista Corp. earnings at a glance (GAAP) :
-Earnings: $79 Mln. vs. $71 Mln. last year.
-EPS: $0.98 vs. $0.91 last year.
-Guidance:
Full year EPS guidance: $2.52 to $2.72
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