What to Expect From Pinnacle West Capital's Q3 2025 Earnings Report

Core Insights - Pinnacle West Capital Corporation (PNW) is a utility holding company based in Phoenix, Arizona, providing retail and wholesale electric services, with a market cap of $11.1 billion [1] - The company is expected to announce its fiscal third-quarter earnings for 2025 on November 3, 2025 [1] Earnings Expectations - Analysts predict PNW will report a profit of $2.89 per share on a diluted basis, representing a 14.2% decline from $3.37 per share in the same quarter last year [2] - For the full fiscal year, EPS is expected to be $4.55, down 13.2% from $5.24 in fiscal 2024, but is projected to rise 3.1% year over year to $4.69 in fiscal 2026 [3] Stock Performance - PNW stock has underperformed the S&P 500 Index, which gained 15.1% over the past 52 weeks, with PNW shares only increasing by 5.5% during the same period [4] - The stock also lagged behind the Utilities Select Sector SPDR Fund, which saw an 11% gain in the same timeframe [4] Recent Financial Results - In Q2, PNW reported an EPS decline of 10.2% year over year to $1.58, with revenue at $1.4 billion, reflecting a 3.8% year-over-year increase [5] - The company anticipates full-year EPS to be between $4.40 and $4.60 [5] Analyst Ratings - The consensus opinion on PNW stock is moderately bullish, with a "Moderate Buy" rating overall; out of 16 analysts, five recommend a "Strong Buy," ten suggest a "Hold," and one advises a "Strong Sell" [6] - The average analyst price target for PNW is $97, indicating a potential upside of 5.2% from current levels [6]