Avista Q4 GAAP EPS $1.08 Misses $1.14 Estimate, Sales $504.44M Miss $545.78M Estimate
Portfolio Pulse from Benzinga Newsdesk
Avista (NYSE:AVA) reported Q4 GAAP EPS of $1.08, missing the $1.14 estimate, and sales of $504.44M, missing the $545.78M estimate. This represents a slight increase in earnings and sales from the same period last year.
February 21, 2024 | 11:06 am
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Avista reported Q4 earnings and sales below analyst expectations, with a minor year-over-year growth in both metrics.
Missing analyst estimates for both earnings per share and sales typically leads to negative investor sentiment in the short term. However, the slight year-over-year growth in both earnings and sales may mitigate some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100