Pinnacle West Capital (PNW) Misses Q1 EPS by 12c

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Go back to Pinnacle West Capital (PNW) Misses Q1 EPS by 12c

Pinnacle West Reports 2016 First-Quarter Earnings

April 29, 2016 8:35 AM EDT

Results in line with the companys expectations; full-year 2016 earnings guidance affirmed Major planned fossil power plant outages increase operations and maintenance expenses versus a year ago Retail sales continue to improve as Arizonas economy continues post-recession growth

PHOENIX--(BUSINESS WIRE)-- Pinnacle West Capital Corp. (NYSE: PNW) today reported consolidated net income attributable to common shareholders of $4.5 million, or $0.04 per diluted share of common stock, for the quarter ended March 31, 2016. This result compares with $16.1 million, or... More