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Pinnacle West Capital Corporation (PNW) CEO Donald Brandt on Q2 2018 Results - Earnings Call Transcript

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Pinnacle West Capital Corporation (NYSE:PNW) Q2 2018 Earnings Conference Call August 3, 2018 12:00 PM ET


Stefanie Layton - IR

Donald E. Brandt - Chairman, President and CEO

James R. Hatfield - EVP and CFO

Jeffrey B. Guldner - EVP, Public Policy and General Counsel


Michael Weinstein - Credit Suisse

Julien Dumoulin-Smith - Bank of America

Ali Agha - SunTrust Robinson Humphrey

Andrew Levi - ExodusPoint Capital Management

Paul Patterson - Glenrock Associates


Greetings and welcome to the Pinnacle West Capital Corporation 2018 Second Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, Stefanie Layton, Director of Investor Relations. Thank you. You may begin.

Stefanie Layton

Thank you, Christine. I would like to thank everyone for participating in this conference call and Webcast to review our second quarter earnings, recent developments, and operating performance. Our speakers today will be our Chairman and CEO, Don Brandt, and our CFO, Jim Hatfield. Jeff Guldner, APS' Executive Vice President of Public Policy, is also here with us.

First, I need to review the details with you. The slides that we will be using are available on our Investor Relations Web-site, along with our earnings release and related information. Note that the slides contain reconciliations of certain non-GAAP financial information.

Today's comments and our slides contain forward-looking statements based on current expectations and the Company assumes no obligation to update these statements. Because actual results may differ materially from expectations, we caution you not to place undue reliance on these statements.

Our second quarter 2018 Form 10-Q was filed this morning. Please refer to that document for forward-looking statements, cautionary

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