Pinnacle West Reports 2024 Full-Year and Fourth-Quarter Results
Pinnacle West Capital Corporation (PNW)
Last pinnacle west capital corporation earnings: 2/21 08:40 am
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Source: Business Wire
New customer rates, retail sales growth of 5.7% and an exceptionally hot summer contribute to an increase in retail revenue and full-year financial resultsAnnual retail customer growth increases a robust 2.1%Customer satisfaction continues improvement, reaches new highs PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital Corp. (NYSE: PNW) today reported consolidated net income attributable to common shareholders of $608.8 million, or $5.24 per diluted share, for full-year 2024. This result compares with net income of $501.6 million, or $4.41 per diluted share, in 2023.For the quarter ended Dec. 31, 2024, Pinnacle West reported a consolidated net loss attributable to common shareholders of $6.8 million, or a loss of $0.06 per diluted share, compared with a net loss of $23,000, or $0.00 per diluted share, for the same period in 2023.The higher 2024 full-year results reflect an increase of about $107 million, primarily as a result of the impacts of new customer rates, increased customer u
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News
- Is Pinnacle West Capital Stock Underperforming the Dow? [Yahoo! Finance]Yahoo! Finance
- Pinnacle West Capital (NYSE:PNW) had its "neutral" rating reaffirmed by analysts at UBS Group AG.MarketBeat
- Pinnacle West Capital (NYSE:PNW) was given a new $85.00 price target on by analysts at Morgan Stanley.MarketBeat
- Pinnacle West Capital (NYSE:PNW) was downgraded by analysts at KeyCorp from an "overweight" rating to a "sector weight" rating.MarketBeat
- Pinnacle West Declares Quarterly DividendBusiness Wire
PNW
Earnings
- 11/3/25 - Beat
PNW
Sec Filings
- 12/15/25 - Form D/A
- 11/12/25 - Form SCHEDULE
- PNW's page on the SEC website