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

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Pinnacle West Reports 2018 Second-Quarter Results

August 3, 2018 8:40 AM EDT

Quarterly results in line with Company expectations Operations and maintenance expenses increased versus a year ago due to higher planned fossil plant outages and other operating costs Company maintains focus on deploying innovative technologies that benefit customers

PHOENIX--(BUSINESS WIRE)-- Pinnacle West Capital Corp. (NYSE: PNW) today reported consolidated net income attributable to common shareholders of $166.7 million, or $1.48 per diluted share of common stock, for the quarter ended June 30, 2018. This result compares with earnings of $167.4 million, or... More