Equity Profile

AVA

Avista Corporation

UtilitiesMulti-Utilities$3.5B

Aug5Wed

Pre-Earnings Brief

UpcomingQ2-2026Pre-Market9:00 AM EDT

Company Snapshot

Avista Corporation (AVA) is a utility company that provides electricity and natural gas to customers in the Pacific Northwest. As a player in the multi-utilities sector, it plays a crucial role in energy distribution, which is increasingly important as the region focuses on sustainability and renewable energy sources.

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and financial health, which investors closely monitor.

Not available

Revenue Growth

Revenue growth reflects the company's ability to expand its customer base and improve service offerings, which is vital in the competitive utility market.

Not available

Wall Street expectations, options signals, track record, and call prep available with Pro.

AVA Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

50%

Avg EPS Surprise

+10.15%

Avg Stock Reaction

-0.40%

Last Quarter Recap

In Q1-2026, Avista reported an EPS of $1.10, slightly beating expectations. The stock reacted positively, gaining 0.91% the next day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Overall expectations for Avista's upcoming earnings are uncertain, as there are no analyst estimates available. Investors will be looking for any signs of revenue growth and profitability.

Bull Case

If Avista can demonstrate strong revenue growth and maintain or improve its EPS, it could signal a robust recovery and attract more investors.

Bear Case

Conversely, if the company reports disappointing earnings or guidance, it could lead to a sell-off, especially given the recent mixed performance in prior quarters.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the EPS be for Q2-2026?

Given the mixed results in previous quarters, the EPS figure will be critical in determining investor sentiment and stock performance.

How does management plan to address revenue growth?

Investors will be keen to hear strategies for increasing revenue, especially in a competitive utility market.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating Avista's potential for revenue growth, especially given recent investments in renewable energy.

Supporting Evidence

The company's recent EPS beat suggests operational improvements that may not be fully reflected in current estimates.

Options pricing indicates a significant expected move, suggesting that investors anticipate more volatility than the consensus reflects.

Key Risk

If the EPS comes in above $1.15, it could challenge the current bearish sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating Avista's ability to sustain profitability and grow revenue amidst a challenging economic environment.

Bull Confirmed If

An EPS of $1.15 or higher would confirm the bull case, indicating strong profitability.

Bear Confirmed If

An EPS below $1.00 would confirm the bear case, suggesting ongoing challenges.

Pre-Earnings Positioning

Options Market

Implied Move

±10.14%

Historical Avg

±2.3%

Pricing rich

The options market is pricing in a significant move of over 10%, indicating that investors expect volatility around the earnings report.

Options are pricing ±10.1% while AVA has averaged ±2.3% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.3%

30d HV

17.6%

Calls (1K)P/C Ratio: 6.20Puts (100)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Utilities

n=30

Fade rate: 7 of 30 (23%)

This setup has occurred 30 times across Utilities in the last 2 years. 23 of 30 (77%) held or extended their move within 5 days — this setup typically holds direction. The average absolute 1-day move is 1.5%, with a raw directional average of -0.7% (modestly negative historical bias).

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Avista beats expectations, history suggests a potential stock increase of around 1.09%, confirming a positive outlook.

In-Line / Cautious

If results are in line with expectations, the stock may react cautiously, reflecting uncertainty in future growth.

Miss

A miss could lead to a decline of about 1.89%, as investors reassess their confidence in the company's performance.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on renewable energy initiatives and their expected impact on revenue.
2Management's outlook on regulatory changes and their potential effects on operations.
3Details on customer growth and retention strategies in a competitive market.
4Insights into cost management and efficiency improvements.
5Any commentary on future capital expenditures and their expected returns.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

No charge today · Auto-bills $8/mo after 7 days · Cancel anytime

More Earnings This Week

5 Reports

Aug3

ONBMO

ON Semiconductor Corporation

PreviewView

Aug3

LBMO

Company Snapshot

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and financial health, which investors closely monitor.

Not available

Revenue Growth

Revenue growth reflects the company's ability to expand its customer base and improve service offerings, which is vital in the competitive utility market.

Not available

Wall Street expectations, options signals, track record, and call prep available with Pro.

AVA Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

50%

Avg EPS Surprise

+10.15%

Avg Stock Reaction

-0.40%

Last Quarter Recap

In Q1-2026, Avista reported an EPS of $1.10, slightly beating expectations. The stock reacted positively, gaining 0.91% the next day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Overall expectations for Avista's upcoming earnings are uncertain, as there are no analyst estimates available. Investors will be looking for any signs of revenue growth and profitability.

Bull Case

If Avista can demonstrate strong revenue growth and maintain or improve its EPS, it could signal a robust recovery and attract more investors.

Bear Case

Conversely, if the company reports disappointing earnings or guidance, it could lead to a sell-off, especially given the recent mixed performance in prior quarters.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the EPS be for Q2-2026?

Given the mixed results in previous quarters, the EPS figure will be critical in determining investor sentiment and stock performance.

How does management plan to address revenue growth?

Investors will be keen to hear strategies for increasing revenue, especially in a competitive utility market.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating Avista's potential for revenue growth, especially given recent investments in renewable energy.

Supporting Evidence

The company's recent EPS beat suggests operational improvements that may not be fully reflected in current estimates.

Options pricing indicates a significant expected move, suggesting that investors anticipate more volatility than the consensus reflects.

Key Risk

If the EPS comes in above $1.15, it could challenge the current bearish sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating Avista's ability to sustain profitability and grow revenue amidst a challenging economic environment.

Bull Confirmed If

An EPS of $1.15 or higher would confirm the bull case, indicating strong profitability.

Bear Confirmed If

An EPS below $1.00 would confirm the bear case, suggesting ongoing challenges.

Pre-Earnings Positioning

Options Market

Implied Move

±10.14%

Historical Avg

±2.3%

Pricing rich

The options market is pricing in a significant move of over 10%, indicating that investors expect volatility around the earnings report.

Options are pricing ±10.1% while AVA has averaged ±2.3% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.3%

30d HV

17.6%

Calls (1K)P/C Ratio: 6.20Puts (100)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Utilities

n=30

Fade rate: 7 of 30 (23%)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Avista beats expectations, history suggests a potential stock increase of around 1.09%, confirming a positive outlook.

In-Line / Cautious

If results are in line with expectations, the stock may react cautiously, reflecting uncertainty in future growth.

Miss

A miss could lead to a decline of about 1.89%, as investors reassess their confidence in the company's performance.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on renewable energy initiatives and their expected impact on revenue.
2Management's outlook on regulatory changes and their potential effects on operations.
3Details on customer growth and retention strategies in a competitive market.
4Insights into cost management and efficiency improvements.
5Any commentary on future capital expenditures and their expected returns.