• Mon. Jan 30th, 2023

Pinnacle West Capital: Q3 Earnings Insights – Pinnacle West Capital (NYSE:PNW)

ByBenzinga Insights

Nov 3, 2022
Pinnacle West Capital: Q3 Earnings Insights - Pinnacle West Capital (NYSE:PNW)

Pinnacle West Capital PNW reported its Q3 earnings results on Thursday, November 3, 2022 at 08:40 AM.

Here’s what investors need to know about the announcement.

Earnings

Pinnacle West Capital beat estimated earnings by 13.83%, reporting an EPS of $2.88 versus an estimate of $2.53.

Revenue was up $161.87 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.13 which was followed by a 1.73% increase in the share price the next day.

Here’s a look at Pinnacle West Capital’s past performance:

 








Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 1.32 0.06 0.06 2.79
EPS Actual 1.45 0.15 0.24 3
Revenue Estimate 974.59M 692.72M 659.69M 1.24B
Revenue Actual 1.06B 783.53M 798.86M 1.31B

To track all earnings releases for Pinnacle West Capital visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.



Image and article originally from www.benzinga.com. Read the original article here.