Avista affirms 2026 non-GAAP utility EPS guidance of $2.52-$2.72
AVA•Avista reaffirmed 2026 non-GAAP utility earnings guidance of $2.52 to $2.72 per diluted share, assuming normal weather for the rest of the year and $615 million in capital expenditures.
1. Guidance and spending
Avista reaffirmed 2026 non-GAAP utility earnings guidance of $2.52 to $2.72 per diluted share. The outlook assumes normal weather for the remainder of the year and capital expenditures of $615 million.
2. Earnings and growth outlook
Third-quarter non-GAAP utility earnings were $0.38 per share, compared with $0.37 a year earlier. Avista projected long-term utility earnings growth of 4%-6% from the midpoint of 2025 guidance and an expected 9% return on equity. Planned capital spending totals $3.6 billion for 2027-2031, excluding the North Plains Connector transmission project.
