2023-05-05 23:34
Pinnacle West Capital (NYSE:PNW) Posts Quarterly Earnings Results, Misses Expectations By $0.06 EPS
Pinnacle West Capital ( NYSE:PNW – Get Rating ) posted its quarterly earnings data on Thursday. The utilities provider reported ($0.03) earnings per share for the quarter, missing analysts' consensus estimates of $0.03 by ($0.06), Briefing.com reports. Pinnacle West Capital had a return on equity of 7.87% and a net margin of 11.18%. The business had revenue of $944.60 million during the quarter, compared to analyst estimates of $808.33 million. During the same period in the previous year, the business earned $0.

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