Pinnacle West Reports Slightly Lower 2024 Third-Quarter Results Compared to a Year Ago [Yahoo! Finance]
Pinnacle West Capital Corporation (PNW)
Last pinnacle west capital corporation earnings: 2/21 08:40 am
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Source: Yahoo! Finance
Creative approach used to address monsoon outages, restore power PHOENIX, November 06, 2024 BUSINESS WIRE Pinnacle West Capital Corp. (NYSE: PNW) today reported consolidated net income attributable to common shareholders for the 2024 third quarter of $395.0 million, or $3.37 per diluted share of common stock. This result compares with consolidated net income of $398.2 million, or $3.50 per diluted share of common stock, for the same period a year ago. The results reflect a decrease of about $3 million, primarily as a result of higher operations and maintenance expense; increased depreciation and amortization expense mostly due to increased plant and intangible assets; higher interest charges; higher income taxes and the timing of recognition for permanent items, partially offset by higher tax credits. These negative factors were partially offset by the favorable impacts of new customer rates and the effects of weather. "For a second consecutive quarter, we experienced a histori
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News
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PNW
Earnings
- 11/6/24 - Beat
PNW
Sec Filings
- 12/10/24 - Form 4
- 11/13/24 - Form 4
- 11/13/24 - Form SC
- PNW's page on the SEC website