Pinnacle West (PNW) Beats Q4 Earnings and Revenue Estimates

Pinnacle West (PNW) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to a loss of $0.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +147.62%. A quarter ago, it was expected that this power company would post earnings of $3.04 per share when it actually produced earnings of $3.39, delivering a surprise of +11.51%.Over the last four quarters, the comp ...