Avista Corp. Earnings Rise In Q3

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

The company's bottom line totaled $10.12 million, or $0.15 per share. This compares with $4.45 million, or $0.07 per share, in last year's third quarter.

Analysts had expected the company to earn $0.19 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 0.4% to $296.01 million from $297.10 million last year.

Avista Corp. earnings at a glance:

-Earnings (Q3): $10.12 Mln. vs. $4.45 Mln. last year. -EPS (Q3): $0.15 vs. $0.07 last year. -Analysts Estimate: $0.19 -Revenue (Q3): $296.01 Mln vs. $297.10 Mln last year.

-Guidance: Full year EPS guidance: $1.60 to $1.50