Pinnacle West Capital Corp expected to post earnings of 2 cents a share - Earnings Preview

Reuters
04-29
Pinnacle West Capital Corp <pnw.n> expected to post earnings of 2 cents a share - Earnings Preview </pnw.n>
  • Pinnacle West Capital Corp PNW.N, PNW is expected to show a rise in quarterly revenue when it reports results on May 1 for the period ending March 31 2025

  • The Phoenix Arizona-based company is expected to report a 5.1% increase in revenue to $999.983 million from $951.71 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Pinnacle West Capital Corp is for earnings of 2 cents per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 10 "hold" and no "sell" or "strong sell."

  • The mean earnings estimate of analysts had fallen by about 3.1% in the last three months. ​

  • Wall Street's median 12-month price target for Pinnacle West Capital Corp is $97.00​, above​ its last closing price of $94.59. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Dec. 31 2024

-0.14

-0.14

-0.06

Beat

57.9

Sep. 30 2024

3.59

3.49

3.37

Missed

-3.4

Jun. 30 2024

1.33

1.25

1.76

Beat

40.6​

Mar. 31 2024

-0.02

-0.01

0.15

Beat

1,907.2

​​Dec. 31 2023

-0.13

-0.13

0.00

Beat

100

Sep. 30 2023

3.43

3.41

3.50

Beat

2.6​

Jun. 30 2023

1.12

1.19

0.94

Missed

-21.1

Mar. 31 2023

0.04

0.04

-0.03

Missed

-181.4

This summary was machine generated April 29 at 12:56 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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