Workflow
Pinnacle West (PNW) Q2 Earnings & Sales Beat Estimates
PNWPinnacle West(PNW) ZACKS·2024-08-01 14:26

Pinnacle West Capital Corporation (PNW) reported second-quarter 2024 earnings of 1.76pershare,whichbeattheZacksConsensusEstimateof1.76 per share, which beat the Zacks Consensus Estimate of 1.31 by 34.4%. The bottom line also increased 87.2% from the year-ago quarter's figure of 94 cents. Total Revenues Sales for the quarter totaled 1.31billion,whichsurpassedtheZacksConsensusEstimateof1.31 billion, which surpassed the Zacks Consensus Estimate of 1.22 billion by 7.6%. The top line also increased 17% from 1.12billionrecordedintheyearagoquarter.OperationalHighlightsTotaloperatingexpenseswere1.12 billion recorded in the year-ago quarter. Operational Highlights Total operating expenses were ...