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Avista Corp reaffirms 2026 non-GAAP utility earnings guidance of $2.52 to $2.72 per diluted share

AVAAvista Corp

Avista Corporation furnished an investor presentation confirming its full-year 2026 non-GAAP utility earnings guidance of $2.52 to $2.72 per diluted share, maintaining the midpoint of its prior outlook for 4-6% long-term earnings growth. The company reported third-quarter 2026 GAAP net income of $49 million and diluted EPS of $0.57, up from $29 million and $0.36 in the same period last year. Avista highlighted a $3.6 billion capital expenditure plan for 2027-2031, including progress on the proposed North Plains Connector transmission project, and noted that its Washington general rate case decision is expected in mid-December. The company operates as a regulated electric and natural gas utility serving customers primarily in Washington state.

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