Avista Q2 2024 GAAP EPS $0.29 Beats $0.13 Estimate, Sales $390.814M Beat $386.690M Estimate
Portfolio Pulse from Benzinga Newsdesk
Avista (NYSE:AVA) reported Q2 2024 GAAP EPS of $0.29, beating the analyst estimate of $0.13 by 123.08%. Sales were $390.814M, surpassing the $386.690M estimate and showing a 6.03% increase from the same period last year.
August 07, 2024 | 11:09 am
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Avista's Q2 2024 earnings and sales significantly beat analyst estimates, with EPS at $0.29 versus the expected $0.13 and sales at $390.814M versus the expected $386.690M. This strong performance is likely to positively impact the stock price in the short term.
The significant beat on both EPS and sales indicates strong financial performance, which is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100