Avista Corp. Q1 Earnings Advance 8%

(RTTNews) - Avista Corp. (AVA) announced a profit for its first quarter that increased from last year.

The company said its bottom line climbed to $62.12 million, or $0.96 per share. This was higher than $57.65 million, or $0.92 per share, in last year's first quarter.

The company said revenue for the quarter rose 4.4% to $436.47 million. This was up from $418.17 million last year.

Avista Corp. earnings at a glance:

-Earnings (Q1): $62.12 Mln. vs. $57.65 Mln. last year. -Earnings Growth (Y-o-Y): 7.8% -EPS (Q1): $0.96 vs. $0.92 last year. -EPS Growth (Y-o-Y): 4.3% -Revenue (Q1): $436.47 Mln vs. $418.17 Mln last year. -Revenue Change (Y-o-Y): 4.4%

-Guidance: Full year EPS guidance: $1.80 - $2.00