Pinnacle West Capital Q2 Profit Misses Market, Maintains FY25 Earnings View - Update
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Pinnacle West Capital Corp. (PNW) reported Q2 earnings of $192.56 million ($1.58 per share), missing market estimates of $1.59 per share. Despite this, the company maintained its fiscal 2025 earnings forecast of $4.40 to $4.60 per share. Revenue increased by 3.8% to $1.358 billion, surpassing expectations of $1.35 billion. In pre-market trading, shares rose by 0.5% to $92.79.
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