Pinnacle West Capital Corp reports results for the quarter ended December 31 - Earnings Summary
25/02/2025 14:32
Pinnacle West Capital Corp PNW.N reported a quarterly adjusted loss of 6 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported breakeven earnings per share. The mean expectation of twelve analysts for the quarter was for a loss of 14 cents per share. Wall Street expected results to range from -18 cents to -4 cents per share. Revenue rose 10.5% to $1.10 billion from a year ago; analysts expected $1.04 billion. Pinnacle West Capital Corp's reported EPS for the quarter was a loss of 6 cents. The company reported a quarterly loss of $6.83 million. Pinnacle West Capital Corp shares had risen by 8.7% this quarter. FORECAST CHANGES The mean earnings estimate of analysts had risen by about 24.4% in the last three months. In the last 30 days, one analyst negatively revised an earnings estimate RECOMMENDATIONS The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 9 "hold" and no "sell" or "strong sell." The average consensus recommendation for the electric utilities peer group is also "buy" Wall Street's median 12-month price target for Pinnacle West Capital Corp is $94.50 This summary was machine generated from LSEG data February 25 at 02:32 p.m. UTC. 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)
| QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
| Dec. 31 2024 | -0.14 | -0.06 | Beat |
| Sep. 30 2024 | 3.49 | 3.37 | Missed |
| Jun. 30 2024 | 1.25 | 1.76 | Beat |
| Mar. 31 2024 | -0.01 | 0.15 | Beat |
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