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4-Traders Homepage  >  Equities  >  Nyse  >  Avista Corp    AVA

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AVISTA CORPORATION (NYSE:AVA) Files An 8-K Regulation FD Disclosure

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03/22/2017 | 10:52pm CET

AVISTA CORPORATION (NYSE:AVA) Files An 8-K Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure.

On March 23, 2017, management of Avista Corporation (Avista Corp.
or the Company) will be participating in meetings with investors
and analysts at the West Coast Utilities Seminar hosted by
Williams Capital Group L.P. in Las Vegas, Nevada. The same
business update presentation will be used at all of the meetings.
A copy of the business update presentation is furnished as
Exhibit 99.1 and is available in the Investors section of Avista
Corp.’s website at
http://investor.avistacorp.com/phoenix.zhtml?c=97267p=irol-calendarpast.
As part of this update, Avista Corp. expects to confirm earnings
guidance for 2017. The 2017 earnings guidance was included in
Avista Corp.’s fourth quarter and fiscal year 2016 earnings
release furnished on Form 8-K on February 22, 2017. The 2017
earnings guidance is subject to the risks, uncertainties and
other factors set forth or referred to in such earnings release
and the Company’s annual report on Form 10-K for the year ended
December 31, 2016.
The information in this report, including Exhibit 99.1, shall not
be deemed filed for purposes of Section 18 of the Securities
Exchange Act of 1934, nor shall it be incorporated by reference
in any filing under the Securities Act of 1933, except as shall
be expressly set forth by specific reference in such filing.
Section 9 – Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
99.1
Business update presentation dated March 23, 2017, which is
being furnished to Item 7.01.
The inclusion in this Current Report or in Exhibit 99.1 of a
reference to Avista Corp.’s Internet address shall not, under
any circumstances, be deemed to incorporate the information
available at such Internet address into this Current Report. The
information available at Avista Corp.’s Internet address is not
part of this Current Report or any other report furnished or
filed by Avista Corp. with the Securities and Exchange
Commission.

About AVISTA CORPORATION (NYSE:AVA)
Avista Corporation is an electric and natural gas utility with certain other business ventures. The Company operates through two business segments: Avista Utilities, and Alaska Electric Light and Power Company (AEL&P). Avista Utilities segment generates, transmits and distributes electricity, and distributes natural gas serving electric and natural gas customers in eastern Washington and northern Idaho and natural gas customers in parts of Oregon. AEL&P is a utility providing electric services in Juneau, Alaska. It operates other businesses, including sheet metal fabrication, venture fund investments and real estate investments, as well as certain other investments of Avista Capital, Inc., a subsidiary of the Company. Through Advanced Manufacturing and Development (AM&D), doing business as METALfx, the Company performs custom sheet metal fabrication of electronic enclosures, parts and systems for the computer, construction, telecommunication, renewable energy and medical industries. AVISTA CORPORATION (NYSE:AVA) Recent Trading Information
AVISTA CORPORATION (NYSE:AVA) closed its last trading session up +0.15 at 39.63 with 254,384 shares trading hands.

The post AVISTA CORPORATION (NYSE:AVA) Files An 8-K Regulation FD Disclosure appeared first on Market Exclusive.

© Market Exclusive 2017, source Market Exclusive

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Financials ($)
Sales 2017 1 603 M
EBIT 2017 285 M
Net income 2017 132 M
Debt 2017 1 491 M
Yield 2017 3,62%
P/E ratio 2017 19,47
P/E ratio 2018 18,26
EV / Sales 2017 2,52x
EV / Sales 2018 2,65x
Capitalization 2 549 M
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Mean consensus HOLD
Number of Analysts 7
Average target price 38,3 $
Spread / Average Target -3,3%
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Managers
NameTitle
Scott L. Morris Chairman, President & Chief Executive Officer
Mark T. Thies Chief Financial Officer, Treasurer & Senior VP
James M. Kensok Chief Information & Security Officer, VP
John F. Kelly Lead Independent Outside Director
Reed John Taylor Independent Outside Director
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