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Pinnacle West Capital GAAP EPS of -$0.21 misses by $0.04, revenue of $1.01B beats by $371.72M, introduces FY23 outlook

Feb. 27, 2023 8:43 AM ETPinnacle West Capital Corporation (PNW)By: Deepa Sarvaiya, SA News Editor
  • Pinnacle West Capital press release (NYSE:PNW): Q4 GAAP EPS of -$0.21 misses by $0.04.
  • Revenue of $1.01B (+26.4% Y/Y) beats by $371.72M.
  • For 2023, the company estimates its consolidated earnings guidance will be in the range of $3.95 to $4.15 per diluted share on a weather-normalized basis vs consensus of $4.13.

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