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Barchart
Barchart
Rashmi Kumari

Pinnacle West Capital's Q3 2024 Earnings: What to Expect

Pinnacle West Pinnacle West Capital PNW

Pinnacle West Capital Corporation (PNW), headquartered in Phoenix, Arizona, is a leading utility holding company primarily providing electricity to customers through its subsidiary, Arizona Public Service. With a market cap of $9.9 billion, Pinnacle West focuses on sustainable energy and reliable power delivery across Arizona. The company is set to announce its Q3 earnings before the market opens on Wednesday, Nov. 6.

Ahead of the event, analysts expect PNW to report a profit of $3.14 per share, down 10.3% from $3.50 in the year-ago quarter. The company has surpassed Wall Street’s EPS estimates in the last four quarters. 

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