Pinnacle West Capital (PNW) Tops Q2 EPS by 13c, Offers Guidance

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Go back to Pinnacle West Capital (PNW) Tops Q2 EPS by 13c, Offers Guidance

  Pinnacle West Reports Lower 2022 Second-Quarter Results

August 3, 2022 8:40 AM EDT

Quarterly results consistent with expectations; full-year 2022 earnings guidance maintained Customer and sales growth continue to bolster the companys underlying fundamentals EPA recognizes APS as 2022 ENERGY STAR® Partner of the Year

PHOENIX--(BUSINESS WIRE)-- Pinnacle West Capital Corp. (NYSE: PNW) today reported consolidated net income attributable to common shareholders of $164.3 million, or $1.45 per diluted share of common stock, for the quarter ended June 30, 2022. This result compares with earnings of $215.7 million, or $1.91 per share, in the same 2021 period.

As with the 2022 first... More