Published on 2 May 2024 on Zacks via Yahoo Finance
Pinnacle West (PNW) Q1 Earnings & Sales Surpass Estimates
Pinnacle West Capital Corporation PNW reported first-quarter 2024 earnings of 15 cents per share, which beat the Zacks Consensus Estimate of a loss of 2 cents by 850%. In the year-ago quarter, the company reported a loss of 3 cents per share.
Total Revenues
Sales for the quarter totaled $951.7 million, which surpassed the Zacks Consensus Estimate of $937 million by 1.6%. The top line also increased 0.7% from $945 million recorded in the year-ago quarter.