Pinnacle West Capital Corp. (PNW) Tops Q3 EPS by 14c, Posts FY11 Guidance
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Pinnacle West Capital Corp. (NYSE: PNW) reported Q3 EPS of $2.24, $0.14 better than the analyst estimate of $2.10. Revenue for the quarter came in at $1.12 billion versus the consensus estimate of $1.13 billion.
The Company expects its 2011 consolidated on-going earnings will be near the top of the range of $2.75 to $2.90 per diluted share, versus the consensus of $2.84.
The Company expects its 2011 consolidated on-going earnings will be near the top of the range of $2.75 to $2.90 per diluted share, versus the consensus of $2.84.
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