Pinnacle West Raises 2026 EPS Guidance Amid Strong Retail Sales Outlook
Pinnacle West (PNW) has updated its financial outlook, raising its 2026 earnings per share (EPS) guidance to a range of $5.05 to $5.25. This upward revision is driven by an improved forecast for retail sales growth, which is now expected to fall between 8% and 10%. The company reported strong third-quarter financial results, noting its ability to maintain reliable service during a challenging summer season in Arizona. Management highlighted weather-normalized sales increases as a key driver of the current performance.
Tickers: $PNW
Topics: earnings report financial results utility sector
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