Pinnacle West Capital (PNW) reported Q3 net income Wednesday of $3.37 per diluted share, down from $3.50 a year earlier.
Analysts polled by Capital IQ expected $3.52.
Operating revenue for the quarter ended Sept. 30 was $1.77 billion, up from $1.64 billion a year earlier.
Four analysts surveyed by Capital IQ expected $1.70 billion.
The energy holding company said it now expects 2024 consolidated diluted EPS of $5 to $5.20, up from its prior outlook of $4.60 to $4.80. Analysts polled by Capital IQ expect $4.96.
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