25.02.2025 15:28:36

Pinnacle West Capital Backs Guides FY25 EPS In Line With View As Q4 Results Top Estimate

(RTTNews) - While reporting financial results for the fourth quarter on Tuesday, energy holding company Pinnacle West Capital Corp. (PNW) continues to expect consolidated earnings for the full-year 2025 in the range of $4.40 to $4.60 per share on a weather-normalized basis.

On average, ten analysts polled expect the company to report earnings of $4.53 per share for the year. Analysts' estimates typically exclude special items.

For the fourth quarter, the company reported a net loss attributable to common shareholders of $6.83 million or $0.06 per share, sharply wider than a net loss of $0.23 million or Breakeven per share in the prior-year quarter.

Total operating revenues for the quarter increased to $1.10 billion from $991.57 million in the same quarter last year.

The Street was looking for a loss of $0.15 per share on revenues of $1.06 billion for the quarter.

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Pinnacle West Capital Corp. 83,50 -0,60% Pinnacle West Capital Corp.