Pinnacle West Capital Reports Q3 Earnings Beat and Raises FY26 Outlook
Pinnacle West Capital (PNW) reported third-quarter financial results that exceeded analyst expectations for both top-line revenue and bottom-line earnings per share. The company posted a GAAP EPS of $3.49, surpassing estimates by $0.13, while revenue reached $1.97 billion, an 8.2% increase year-over-year that beat projections by $70 million. The strong performance was driven by robust customer and sales growth alongside favorable weather impacts throughout the first three quarters of the year. Following these results, the company has raised its financial outlook for fiscal year 2026, signaling confidence in sustained operational momentum.
Tickers: $PNW
Topics: earnings beat GAAP EPS revenue growth