Recap: Pinnacle West Capital Q2 Earnings

Pinnacle West Capital PNW reported its Q2 earnings results on Wednesday, August 3, 2022.

Here's what investors need to know about the announcement.

Pinnacle West Capital beat estimated earnings by 9.85%, reporting an EPS of $1.45 versus an estimate of $1.32.

Revenue was up $62.00 million from the same period last year.

Last quarter the company beat on EPS by $0.09 which was followed by a 1.91% drop in the share price the next day.

Here's a look at Pinnacle West Capital's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.06	0.06	2.79	1.58
EPS Actual	0.15	0.24	3	1.91
Revenue Estimate	692.72M	659.69M	1.24B	962.86M
Revenue Actual	783.53M	798.86M	1.31B	1.00B

To track all earnings releases for Pinnacle West Capital visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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