Pinnacle West Capital Corp PNW.N, PNW is expected to show a rise in quarterly revenue when it reports results on February 25 for the period ending December 31 2024
The Phoenix Arizona-based company is expected to report a 5.0% increase in revenue to $1.041 billion from $991.57 million a year ago, according to the mean estimate from 6 analysts, based on LSEG data.
LSEG's mean analyst estimate for Pinnacle West Capital Corp is for a loss of 14 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 9 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Pinnacle West Capital Corp is $94.50, above its last closing price of $90.77.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | 3.59 | 3.49 | 3.37 | Missed | -3.4 |
Jun. 30 2024 | 1.33 | 1.25 | 1.76 | Beat | 40.6 |
Mar. 31 2024 | -0.02 | -0.01 | 0.15 | Beat | 1,907.2 |
Dec. 31 2023 | -0.13 | -0.13 | 0.00 | Beat | 100 |
Sep. 30 2023 | 3.43 | 3.41 | 3.50 | Beat | 2.6 |
Jun. 30 2023 | 1.12 | 1.19 | 0.94 | Missed | -21.1 |
Mar. 31 2023 | 0.04 | 0.04 | -0.03 | Missed | -181.4 |
Dec. 31 2022 | -0.17 | -0.18 | -0.21 | Missed | -17.5 |
This summary was machine generated February 21 at 14:22 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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