Pinnacle West (PNW) Matches Q2 Earnings Estimates

Financial Performance - Pinnacle West reported quarterly earnings of $1.58 per share, matching the Zacks Consensus Estimate, but down from $1.76 per share a year ago [1] - The company posted revenues of $1.36 billion for the quarter ended June 2025, exceeding the Zacks Consensus Estimate by 7.47% and up from $1.31 billion year-over-year [2] - Over the last four quarters, Pinnacle West has surpassed consensus EPS estimates two times and topped consensus revenue estimates four times [2] Stock Performance - Pinnacle West shares have increased approximately 8.9% since the beginning of the year, outperforming the S&P 500's gain of 7.1% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $2.80 on revenues of $1.66 billion, and for the current fiscal year, it is $4.53 on revenues of $5.06 billion [7] - The outlook for the Utility - Electric Power industry is positive, ranking in the top 35% of over 250 Zacks industries, suggesting potential for outperformance [8]