Pinnacle West Capital Guides FY24 EPS In Line With Estimates - Update

(RTTNews) - While reporting financial results for the fourth quarter on Tuesday, energy holding company Pinnacle West Capital Corp. (PNW) initiated its earnings guidance for the full-year 2024 in the range of $4.60 to $4.80 per share on a weather-normalized basis, following the recent conclusion of APS's rate case.

On average, 14 analysts polled by Thomson Reuters expect the company to report earnings of $4.80 per share for the year. Analysts' estimates typically exclude special items.

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