Pinnacle West Reports 2020 Third-Quarter Earnings

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Go back to Pinnacle West Reports 2020 Third-Quarter Earnings

Pinnacle West Capital (PNW) Tops Q3 EPS by 22c, Revenues Beat; Raises FY20 EPS Guidance Above Consensus

October 30, 2020 8:42 AM EDT

Pinnacle West Capital (NYSE: PNW) reported Q3 EPS of $3.07, $0.22 better than the analyst estimate of $2.85. Revenue for the quarter came in at $1.25 billion versus the consensus estimate of $1.22 billion.

Record summer heat drives quarter-over-quarter earnings improvementStrong customer growth of 2.3% underscores Arizonas expanding... More