UPDATE: Evercore ISI Maintains Buy Rating on Pinnacle West Capital (PNW) (Correction)
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Pinnacle West Reports 2015 Second-Quarter Results
July 30, 2015 8:30 AM EDTQuarterly results impacted by mild weather O&M expenses remain flat as cost-management and operational efficiencies deliver bottom-line results Full-year 2015 earnings guidance maintained
PHOENIX--(BUSINESS WIRE)-- Pinnacle West Capital Corp. (NYSE: PNW) today reported consolidated net income attributable to common shareholders of $122.9 million, or $1.10 per diluted share of common stock, for the quarter ended June 30, 2015. This result compares with earnings of $132.5 million, or $1.19 per share, in the same 2014 period. For both the 2015 and 2014... More
