Pinnacle West (PNW) Q3 Earnings and Revenues Surpass Estimates

Pinnacle West (PNW) came out with quarterly earnings of $3.37 per share, beating the Zacks Consensus Estimate of$ 3.35 per share. This compares to earnings of $3.50 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 0.60%. A quarter ago, it was expected that this power company would post earnings of$ 1.31 per share when it actually produced earnings of $1.76, delivering a surprise of 34.35%.Over the last four quarters, the compan ...