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PNW — Pinnacle West Capital News Story

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Pinnacle West Capital Corp reports results for the quarter ended June 30 - Earnings Summary

Pinnacle West Capital Corp reports results for the quarter ended June 30 - Earnings Summary
  • Pinnacle West Capital Corp PNW.N reported quarterly adjusted earnings of $1.43​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $1.58. The mean expectation of thirteen analysts for the quarter was for earnings of $1.47 per share. Wall Street expected results to range from $1.35 to $1.62 per share.

  • Revenue rose 7.1% to $1.46 billion from a year ago; analysts expected $1.39 billion.

  • Pinnacle West Capital Corp's reported EPS for the quarter was $1.43​.

  • The company reported quarterly net income of $178.57 million.

  • Pinnacle West Capital Corp shares had fallen by 5.8% this quarter and gained 13.7% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 1.6% in the last three months.​

  • In the last 30 days, four analysts negatively revised earnings estimates

RECOMMENDATIONS

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 14 "hold" and no "sell" or "strong sell." The average consensus recommendation for the electric utilities peer group is "buy."

  • Wall Street's median 12-month price target for Pinnacle West Capital Corp is $106.00, about 4.9% above its last closing price of $100.81

This summary was machine generated from LSEG data August 4 at 01:32 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

Jun. 30 2026

1.47

1.43

Missed

Mar. 31 2026

-0.01

0.27

Beat

Dec. 31 2025

0.04

0.13

Beat

Sep. 30 2025

3.12

3.39

Beat

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