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Wed., Nov. 7, 2012

Spokane energy company

Stock symbol: AVA
Reporting period:

3Q 2012


$5.8 million,

10 cents per share

Versus 3Q 2011:

$10.7 million,

18 cents per share


$340.6 million, compared with $343.7 million in 3Q 2011.

Analysis: Quarterly results are below expectations, largely due to a decline in the performance of non-utility operations, namely energy-services subsidiary Ecova. But CEO Scott Morris said Avista is “well-positioned for the future at our utility, which contributes over 90 percent of our earnings.”


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