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Stock impact report

Pinnacle West Capital Corp (PNW) Q3 2024 Earnings Call Highlights: Navigating Challenges with ... [Yahoo! Finance]

Pinnacle West Capital Corporation (PNW) 
Last pinnacle west capital corporation earnings: 2/21 08:40 am Check Earnings Report
US:NYSE Investor Relations: pinnaclewest.com/investors
Company Research Source: Yahoo! Finance
Commercial and Industrial (C&I) Growth: 10.3% for Q3 2024. Retail Customer Growth: 2.3% for Q3 2024. 2024 Earnings Guidance: Updated to $5.00 to $5.20 per share. 2024 Sales Growth Expectations: Adjusted to 4% to 6%. 2024 O&M Forecast: Increased to $1.01 billion to $1.03 billion. 2024 Capital Expenditure Plan: Increased from $1.95 billion to $2.05 billion. 2025 Earnings Per Share (EPS) Guidance: Expected range of $4.40 to $4.60. Long-term EPS Growth Guidance: 5% to 7% based on the midpoint of original 2024 guidance. Capital Plan Through 2027: $9.65 billion of investments, a 24% increase from earlier plans. Rate Base Growth Expectation: 6% to 8% driven by capital investments. Equity Issuance Plan: Annual equity run rate increased to $250 million to $300 million. Warning! GuruFocus has detected 13 Warning Signs with PNW. Release Date: November 06, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Pinnacle Show less Read more
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