Pinnacle West Capital (PNW) Tops Q2 EPS by 33c

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Pinnacle West Reports 2021 Second-Quarter Results

August 5, 2021 8:40 AM EDT

Electricity sales increase as businesses bounce back from COVID-related impacts of a year ago Strong customer growth and record-setting June temperatures also help drive improved results Award-winning energy efficiency programs, bill assistance, heat relief provide support to customers

PHOENIX--(BUSINESS WIRE)-- Pinnacle West Capital Corp. (NYSE: PNW) today reported consolidated net income attributable to common shareholders of $215.7 million, or $1.91 per diluted share of common stock, for the quarter ended June 30, 2021. This result compares with earnings of $193.6 million, or $1.71 per share, in the... More