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Avista (AVA) guidance and outlook
Avista (AVA) reaffirmed its guidance on Nov 4, 2026: EPS $2.52–$2.72 for FY2026; EPS +90% for FY2026; Tax rate 12% for FY2026; Capital expenditures $615M for FY2026. Avista's 10-Q filed Nov 4, 2026 makes 23 forward-looking statements.
Guidance and outlook
Latest guidance
| Metric | Period | Range | Change |
|---|---|---|---|
| EPS | FY2026 | $2.52–$2.72 | reaffirmed |
| EPS | FY2026 | +90% | reaffirmed |
| Tax rate | FY2026 | 12% | reaffirmed |
| Capital expenditures | FY2026 | $615M | reaffirmed |
From the earnings release filed Nov 4, 2026 (8-K on EDGAR).
Forward-looking statements, 10-Q filed Nov 4, 2026
- Electric and natural gas operating costs associated with the fires were less than $3 million and we will not seek incremental recovery for those items.
- The fires caused damage to Company infrastructure, and costs associated with rebuilding this infrastructure are expected to be included in our future capital expenditure plans.
- In June 2026, we announced that we will take additional time to evaluate the processing of energy requests from data center developers, and have paused negotiations associated with the MOU.
- During this time, we will be a participant with others in community, local government and state-level discussions to help shape the policies and the regulatory framework that may guide future development for large data centers.
- We expect to continue to file for rate adjustments to:
- Based on our forecast energy commodity costs in 2026, we expect actual net power supply costs to exceed the level included in base rates.
- We plan to continue to address how net power supply costs are set in base rates in future regulatory proceedings.
- The WUTC has up to eleven months to review general rate case filings and issue a decision, which we expect to be issued in December 2026.
- We expect to file electric and natural gas general rate cases with the IPUC in the first quarter of 2027.
- We engage in resource optimization, which involves the selection from available energy resources to serve our load obligations and the use of these resources to capture economic value through wholesale market transactions; this is ultimately intended to lower net power and natural gas supply costs.
- As such, we plan to obtain a short-term loan of up to $100 million by the end of the fourth quarter of 2026.
- With our existing credit facilities and the expected issuances of common stock, long-term debt and short-term loan within the next year, we believe we have adequate liquidity to meet our needs for the next 12 months.
Avista's latest quarter
Avista, Q3 2026: revenue $421M (+4% year over year), operating margin 15.7%, net earnings $49.0M, operating cash flow $134M. The chart follows the revenue to costs, profit and cash.
Questions
Did Avista raise or lower its guidance?
Avista (AVA) reaffirmed its guidance on Nov 4, 2026: EPS $2.52–$2.72 for FY2026; EPS +90% for FY2026; Tax rate 12% for FY2026; Capital expenditures $615M for FY2026.
What does Avista expect?
Electric and natural gas operating costs associated with the fires were less than $3 million and we will not seek incremental recovery for those items. The fires caused damage to Company infrastructure, and costs associated with rebuilding this infrastructure are expected to be included in our future capital expenditure plans. In June 2026, we announced that we will take additional time to evaluate the processing of energy requests from data center developers, and have paused negotiations associated with the MOU.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.