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SPOKANE, Wash. (AP) — SPOKANE, Wash. (AP) — Avista Corp. (AVA) on Wednesday reported third-quarter net income of $14.7 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Spokane, Washington-based company said it had net income of 19 cents.
The utility posted revenue of $379.6 million in the period.
Avista expects full-year earnings to be $2.27 to $2.37 per share.
Avista shares have declined 29% since the beginning of the year. The stock has dropped 23% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AVA at https://www.zacks.com/ap/AVA