Pinnacle West (PNW) Q1 Earnings & Sales Surpass Estimates [Yahoo! Finance]
Pinnacle West Capital Corporation (PNW)
Last pinnacle west capital corporation earnings: 2/21 08:40 am
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Source: Yahoo! Finance
Pinnacle West Capital Corporation PNW reported first-quarter 2024 earnings of 15 cents per share, which beat the Zacks Consensus Estimate of a loss of 2 cents by 850%. In the year-ago quarter, the company reported a loss of 3 cents per share. Total Revenues Sales for the quarter totaled $951.7 million, which surpassed the Zacks Consensus Estimate of $937 million by 1.6%. The top line also increased 0.7% from $945 million recorded in the year-ago quarter. Pinnacle West Capital Corporation Price, Consensus and EPS Surprise Pinnacle West Capital Corporation price-consensus-eps-surprise-chart | Pinnacle West Capital Corporation Quote Operational Highlights Total operating expenses were $884.9 million, down 1% year over year. This was due to a decline in fuel and power purchase costs. Total operational and maintenance expenses were $257.6 million, up 3% year over year. Operating income totaled $66.8 million, up 31.8% from $50.7 million recorded in the year-ago quarter. T
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PNW
News
- Pinnacle West Capital Co. (NYSE: PNW) had its price target raised by analysts at Barclays PLC from $76.00 to $81.00. They now have an "overweight" rating on the stock.MarketBeat
- Why Pinnacle West (PNW) is a Top Momentum Stock for the Long-Term [Yahoo! Finance]Yahoo! Finance
- Here's Why Pinnacle West (PNW) is a Strong Growth Stock [Yahoo! Finance]Yahoo! Finance
- Pinnacle West Capital Corporation (NYSE:PNW) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Pinnacle West Capital Co. (NYSE: PNW) had its price target raised by analysts at Wells Fargo & Company from $74.00 to $77.00. They now have an "equal weight" rating on the stock.MarketBeat
PNW
Earnings
- 5/2/24 - Beat
PNW
Sec Filings
- 5/6/24 - Form DEFA14A
- 4/4/24 - Form DEFA14A
- 4/4/24 - Form DEF
- PNW's page on the SEC website