Pinnacle West Capital (PNW) Premium Unwarranted; Goldman Reiterates Sell

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Pinnacle West Capital Corp. (PNW) Tops Q1 EPS by 13c

May 3, 2013 8:15 AM EDT

Pinnacle West Capital Corp. (NYSE: PNW) reported Q1 EPS of $0.22, $0.13 better than the analyst estimate of $0.09. Revenue for the quarter came in at $686.65 million versus the consensus estimate of $638.9 million.

Pinnacle West Capital Corp. sees FY2013 EPS of $3.45-3.60.

For earnings... More