Pinnacle West Reports 2019 Full-Year and Fourth-Quarter Results

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Pinnacle West Capital (PNW) Tops Q4 EPS by 11c; Maintains FY20 EPS Outlook

February 21, 2020 8:43 AM EST

Pinnacle West Capital (NYSE: PNW) reported Q4 EPS of $0.57, $0.11 better than the analyst estimate of $0.46. Revenue for the quarter came in at $670.39 million versus the consensus estimate of $772.22 million.

In 2019, our principal subsidiary Arizona Public Service saw its customer base grow two percent, and this growth is something we expect to continue as people move to Arizona and... More