Avista (NYSE:AVA) reported its Q2 earnings results on Wednesday, August 3, 2022 at 07:05 AM.

Here's what investors need to know about the announcement.

Earnings

Avista missed estimated earnings by 5.88%, reporting an EPS of $0.16 versus an estimate of $0.17.

Revenue was up $80.95 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.06 which was followed by a 2.08% drop in the share price the next day.

Here's a look at Avista's past performance:

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Avista management provided guidance for FY 2022, expecting earnings between $1.93 and $2.13 per share.

To track all earnings releases for Avista visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.