Pinnacle West Capital Corp expected to post earnings of 2 cents a share - Earnings Preview

Pinnacle West Capital

29/04/2025 13:56

Pinnacle West Capital Corp PNW.N, PNW is expected to show a rise in quarterly revenue when it reports  results on May 1 for the period ending March 31 2025

The Phoenix Arizona-based  company is expected to report a 5.1% increase in revenue to $999.983 million from $951.71 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.

​LSEG's mean analyst estimate for Pinnacle West Capital Corp is for earnings of 2 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 10 "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts had fallen by about 3.1% in the last three months. ​

Wall Street's median 12-month price target for Pinnacle West Capital Corp is $97.00​, above​ its last closing price of $94.59. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
-0.14
-0.14
-0.06
Beat
57.9
Sep. 30 2024
3.59
3.49
3.37
Missed
-3.4
Jun. 30 2024
1.33
1.25
1.76
Beat
40.6​
Mar. 31 2024
-0.02
-0.01
0.15
Beat
1,907.2
​​Dec. 31 2023
-0.13
-0.13
0.00
Beat
100
Sep. 30 2023
3.43
3.41
3.50
Beat
2.6​
Jun. 30 2023
1.12
1.19
0.94
Missed
-21.1
Mar. 31 2023
0.04
0.04
-0.03
Missed
-181.4

This summary was machine generated April 29 at 12:56 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)