Pinnacle West Capital (NYSE:PNW) reported its Q2 earnings results on Wednesday, August 3, 2022.
Here’s what investors need to know about the announcement.
Earnings
Pinnacle West Capital beat estimated earnings by 9.85%, reporting an EPS of $1.45 versus an estimate of $1.32.
Revenue was up $62.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.09 which was followed by a 1.91% drop in the share price the next day.
Here’s a look at Pinnacle West Capital’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.06 | 0.06 | 2.79 | 1.58 |
| EPS Actual | 0.15 | 0.24 | 3 | 1.91 |
| Revenue Estimate | 692.72M | 659.69M | 1.24B | 962.86M |
| Revenue Actual | 783.53M | 798.86M | 1.31B | 1.00B |
To track all earnings releases for Pinnacle West Capital visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
