Avista Corp Issues FY 2026 Guidance Amid Spokane Wildfires

Avista Corporation released its FY 2026 earnings outlook, projecting earnings per share of $2.52‑$2.72 and setting revenue expectations that are slightly below analyst consensus. The utility reported Q2 results with EPS of $0.43, beating the $0.23 estimate, and revenue of $413 million, a 0.5% year‑over‑year increase. In the earnings call, executives emphasized the impact of multiple wildfires near Spokane, Washington, which have displaced thousands of residents and many Avista employees, disrupting operations and community services. President and CEO Heather Rosentrant and CFO Kevin Christie said the fires are a primary focus and will affect short‑term performance.