Earnings ·
Pinnacle West reports Q3 EPS of $3.49, raises full-year guidance to $5.05-$5.25
PNWPinnacle West Capital Corp
Pinnacle West Capital Corporation reported third-quarter 2026 consolidated net income attributable to common shareholders of $434.2 million, or $3.49 per diluted share, compared with $413.2 million, or $3.39 per diluted share, in the prior-year period. The increase was driven by higher customer sales and usage, favorable weather effects, and customer growth, partially offset by increased depreciation, amortization, and interest charges. Consequently, the company raised its 2026 consolidated earnings guidance to a range of $5.05 to $5.25 per diluted share from previous estimates. Pinnacle West Capital Corporation is an energy holding company that provides retail electricity service through its principal subsidiary, Arizona Public Service.