Pinnacle West Reports 2018 Second-Quarter Results

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Go back to Pinnacle West Reports 2018 Second-Quarter Results

Pinnacle West Capital (PNW) Reports In-Line Q2 EPS, Revenues Beat; Offers FY18 EPS Guidance

August 3, 2018 8:43 AM EDT

Pinnacle West Capital (NYSE: PNW) reported Q2 EPS of $1.48, in-line with the analyst estimate of $1.48. Revenue for the quarter came in at $974.12 million versus the consensus estimate of $956.72 million.

Second-quarter results were in line with our expectations, and we remain well positioned to meet our financial commitments for the full year, said Pinnacle West Chairman, President and Chief Executive Officer Don Brandt. We will continue investing in and deploying advanced grid technologies, like battery storage and microgrids, to provide our customers with more clean energy options while... More