Pinnacle West Capital Corporation (PNW), headquartered in Phoenix, Arizona, provides retail and wholesale electric services. Valued at $11.1 billion by market cap, the company offers retail and wholesale electric service to most of the State of Arizona. PNW is also involved in real estate development activities in the western U.S. The utility holding company is expected to announce its fiscal third-quarter earnings for 2025 before the market opens on Monday, Nov. 3.
Ahead of the event, analysts expect PNW to report a profit of $2.89 per share on a diluted basis, down 14.2% from $3.37 per share in the year-ago quarter. The company beat or matched the consensus estimates in three of the last four quarters while missing the forecast on another occasion.
