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Pinnacle West Capital Corporation (PNW) Q1 2023 Earnings Call Transcript

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Pinnacle West Capital Corporation (NYSE:PNW) Q1 2023 Results Conference Call May 4, 2023 12:00 PM ET

Company Participants

Amanda Ho - Director of Investor Relations

Jeffrey Guldner - President and Chief Executive Officer

Andrew Cooper - Senior Vice President and Chief Financial Officer

Ted Geisler - President, Arizona Public Service Company

Jacob Tetlow - Executive Vice President of Operations

Jose Esparza - Senior Vice President of Public Policy

Conference Call Participants

Dariusz Lozny - Bank of America Merrill Lynch

Jamieson Ward - Guggenheim Securities

Alexander Mortimer - Mizuho Securities

Travis Miller - Morningstar


Good day, everyone, and welcome to the Pinnacle West Capital Corporation 2023 First Quarter Earnings Conference Call. At this time, all participants have been placed on a listen-only mode and we will open the floor for your questions and comments after the presentation.

It is now my pleasure to turn the floor over to your host, Amanda Ho. Ma’am, the floor is yours.

Amanda Ho

Thank you, Matt. I would like to thank everyone for participating in this conference call and webcast to review our first quarter 2023 earnings, recent developments and operating performance.

Our speakers today will be our Chairman and CEO, Jeff Guldner; and our CFO, Andrew Cooper. Ted Geisler, APS’ President; Jacob Tetlow, Executive Vice President of Operations; and Jose Esparza, Senior Vice President of Public Policy, are also here with us.

First, I need to cover a few details with you. The slides that we will be using are available on our Investor Relations website, along with our earnings release and related information. Today’s comments and our slides contain Forward-Looking Statements based on current expectations, and actual results may differ materially from expectations.

Our first quarter 2023 Form 10-Q was filed this morning. Please refer to that document for forward-looking statements, cautionary language as

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