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.
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