Earning Analysis
Welcome to our in-depth analysis of Pinnacle West Capital Corp(PNW) earnings, offering investors a detailed look into the company’s financial performance, revenue trends, earnings per share (EPS), and market reactions. This page provides a comprehensive overview of Pinnacle West Capital Corp earnings history, forecasts, and key financial metrics, empowering you with the data needed to make informed investment decisions. Whether you're tracking quarterly results, analyzing earnings surprises, or exploring future projections, our detailed breakdown covers it all.
Earnings Forecast
Revenue
EPS
Currency: USD
Actual
Estimate
Surprise Analysis
| FY2025Q3 | 2025-11-03 | Pre-Market | 3.04 | 3.39 | +11.51 | 1.79B | 1.82B | +1.52 | +1.05 | -0.99 |
| FY2025Q2 | 2025-08-06 | Pre-Market | 1.58 | 1.58 | - | 1.35B | 1.36B | +0.58 | +0.24 | +0.15 |
| FY2025Q1 | 2025-05-01 | Pre-Market | 0.05 | -0.04 | -180.00 | 1.01B | 1.03B | +2.21 | -1.86 | -1.80 |
| FY2024Q4 | 2025-02-25 | Pre-Market | -0.15 | -0.06 | +60.00 | 1.06B | 1.10B | +2.88 | +1.14 | +2.25 |
| FY2024Q2 | 2024-08-01 | - | 1.31 | 1.76 | +34.35 | 1.21B | 1.31B | +8.37 | +3.97 | +0.73 |
| FY2024Q1 | 2024-05-02 | - | -0.02 | 0.15 | +850.00 | 982.55M | 951.71M | -3.14 | +0.13 | +2.26 |
| FY2023Q4 | 2024-02-27 | - | -0.10 | 0.00 | +100.00 | 990.43M | 991.57M | +0.12 | -0.38 | -0.55 |
| FY2023Q3 | 2023-11-02 | - | 3.33 | 3.50 | +5.11 | 1.57B | 1.64B | +4.27 | -0.53 | -6.11 |
| FY2023Q2 | 2023-08-03 | - | 1.19 | 0.94 | -21.01 | 1.08B | 1.12B | +3.88 | -3.96 | -5.58 |
| - | 2023-05-04 | - | 0.03 | -0.03 | -200.00 | - | - | - | +1.62 | +2.86 |
PNW Earnings Analysis
Our earnings analysis provides a granular look at the company’s performance across recent fiscal quarters, highlighting key metrics such as revenue, EPS, and operating margins. By examining actual results against analyst estimates, we uncover trends and surprises that drive stock price movements, offering valuable insights for both short-term traders and long-term investors.
In the most recent quarter, Pinnacle West Capital Corp reported performance for FY2025Q3, announced on 2025-11-03. The company achieved an EPS of 3.39, compared to analyst estimates of 3.04 by 11.51% . Revenue for the quarter reached 1.82B compared to expectations of 1.79B by 1.52% .
The stock price reacted with a 1.05% one-day change and a -0.99% five-day change following the earnings release. These movements reflect market reaction in Pinnacle West Capital Corp growth trajectory and strategic initiatives.
PNW Earnings Forecast
Looking ahead, Pinnacle West Capital Corp(PNW) remains a focal point for investors seeking growth opportunities. Analyst forecasts for 2025/Q4 project quarter revenue of 1.17B and an EPS of -0.01.
However, recent estimate revisions provide additional context. Over the past three months, revenue estimates for FY2025 have been Revise Upward by 1.19%, while EPS estimates have been Revise Upward by 4.28%. For the upcoming Q4 2025, revenue estimates have been adjusted Revise Upward by 3.06% . These revisions correlate with a -1.03% change in stock price over the same period, suggesting potential buying opportunities for investors who believe in Pinnacle West Capital Corp long-term fundamentals.
The relationship between earnings forecast revisions and stock price movements is critical for investors. Positive revisions in revenue or EPS often signal strengthening fundamentals, making temporary price dips attractive entry points. Conversely, downward revisions may reflect short-term challenges.
Estimate Revision
The chart shows the correlation between PNW's stock price and earnings forecast revisions. Positive revisions in Revenue or EPS often strengthen the stock's fundamentals, making price dips potential buying opportunities.
Revenue Estimates for FY2025
Revise Upward
+1.19%
In Past 3 Month
EPS Estimates for FY2025
Revise Upward
+4.28%
In Past 3 Month
Revenue Estimates for Q4 2025
Revise Upward
+3.06%
In Past 3 Month
Stock Price
Go Down
-1.03%
In Past 3 Month
1Y
3Y
5Y
Annual FY 2025
Currency: USD
1Y
3Y
5Y
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Revenue Estimate-Annual FY 2025:5.30B
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EPS Estimate-Annual FY 2025:4.75
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Stock Price88.08
PNW Revenue and EPS Performance: A Historical Perspective
Pinnacle West Capital Corp revenue and earnings per share (EPS) performance over recent quarters provides a clear picture of its financial health. Below is a detailed breakdown of the company’s earnings history, showcasing actual results, analyst estimates, and surprise percentages for key fiscal quarters:
FY2025Q3 (2025-11-03,Pre-Market):
EPS: 3.39 (Actual) vs.3.04 (Estimate) (11.51%)
Revenue: 1.82B (Actual) vs. 1.79B (Estimate) (1.52%)
Price Reaction: 1.05%(1-Day), -0.99%(5-Day)
FY2025Q2 (2025-08-06,Pre-Market):
EPS: 1.58 (Actual) vs.1.58 (Estimate) (0.00%)
Revenue: 1.36B (Actual) vs. 1.35B (Estimate) (0.58%)
Price Reaction: 0.24%(1-Day), 0.15%(5-Day)
FY2025Q1 (2025-05-01,Pre-Market):
EPS: -0.04 (Actual) vs.0.05 (Estimate) (-180.00%)
Revenue: 1.03B (Actual) vs. 1.01B (Estimate) (2.21%)
Price Reaction: -1.86%(1-Day), -1.80%(5-Day)
Earnings Reaction
The chart below shows how PNW performed 10 days before and after its earnings report, based on data from the past quarters. Typically, PNW sees a -0.50% change in stock price 10 days leading up to the earnings, and a -1.02% change 10 days following the report. On the earnings day itself, the stock moves by +0.03%. This data can give you a slight idea of what to expect for the next quarter's release.
For example, in SEP/2025, the stock changed -0.10% on the day following the earnings release and then changed by -0.32% over the next 10 days. These patterns provide investors with valuable insights into potential price movements and help inform trading strategies around earnings events.
Transcript Summary
Pinnacle West Capital Corp (PNW) Q3 2025 Earnings Call Summary
Positive
2025-11-03
The earnings call presented strong financial metrics, with a focus on strategic investments and growth plans, particularly in transmission and natural gas infrastructure. The Q&A session revealed optimism about future projects and subscription models, despite some uncertainty in regulatory outcomes. The company's commitment to clean energy and rate base growth further supports a positive outlook. While there are concerns about equity needs and regulatory outcomes, the overall sentiment is positive, suggesting a stock price increase in the short term.
Pinnacle West Capital Corp (PNW) Q2 2025 Earnings Call Summary
Neutral
2025-08-06
The earnings call presents a mixed picture. Sales and customer growth are strong, and there's a strategic focus on infrastructure investments and partnerships. However, the earnings guidance shows a loss, and there's increased O&M costs. The Q&A reveals some uncertainties, particularly around uncommitted projects and regulatory outcomes. The El Dorado gain isn't part of core business guidance, suggesting limited long-term impact. Overall, the positive and negative factors balance each other, resulting in a neutral sentiment.
Pinnacle West Capital Corp (PNW) Q1 2025 Earnings Call Summary
Negative
2025-05-02
The earnings call revealed several negative factors: EPS declined significantly, O&M expenses increased, and there was no shareholder return plan. The Q&A section highlighted management's lack of clarity on regulatory issues and financial impacts, raising concerns. Despite some positive sales growth and new rates, the overall sentiment is negative due to the financial downturn and uncertainties, indicating a potential stock price decline of -2% to -8%.
Pinnacle West Capital Corp (PNW) Q1 2025 Earnings Call Summary
Negative
2025-05-01
The financial performance showed a significant EPS loss and increased O&M expenses, indicating poor financial health. The Q&A revealed uncertainties around regulatory lag and QIP balance impacts, with management providing unclear responses. Despite customer growth and positive transmission sales, the negative EPS and lack of clear guidance weigh heavily. The absence of a market cap suggests a small-cap company, which could react strongly to these negative signals, predicting a stock price decline in the range of -2% to -8%.
Pinnacle West Capital Corp (PNW) Q1 2025 Earnings Call Summary
Neutral
2025-05-01
The earnings call summary presents mixed signals. Basic financial performance shows some positives like customer growth and increased rates, but also higher O&M expenses. The Q&A revealed management's lack of clarity on key issues like regulatory lag and the impact of new fabs, which could concern investors. These factors, alongside a lack of new partnerships or strong guidance, suggest a neutral stock price movement in the short term.
Pinnacle West Capital Corporation (PNW) Q3 2024 Earnings Call Summary
Positive
2024-11-06
The earnings call presents a positive outlook with a stable EPS guidance and increased capital expenditure plans, indicating growth. Despite a slight EPS decline, strong sales growth and customer expansion, particularly in the semiconductor sector, are promising. The Q&A highlights potential regulatory alignment and significant data center demand. Although some uncertainties remain, such as regulatory lag and inflation impact, the overall sentiment is positive, with a focus on long-term growth and shareholder returns.
Pinnacle West Capital Corporation (PNW) Q2 2024 Earnings Call Summary
Positive
2024-08-01
The earnings call highlights strong financial performance with a significant EPS increase, robust sales growth, and positive customer growth. Despite challenges like regulatory risks and increased interest expenses, optimistic guidance and a substantial backlog from large customers suggest continued growth. The lack of a share repurchase program is a minor negative, but the overall sentiment remains positive, driven by strong earnings and optimistic guidance, likely leading to a stock price increase.
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FAQ
What were the key highlights of PNW’s latest earnings report for FY2025Q3?
How did PNW’s stock price react after the FY2025Q3 earnings release?
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How does PNW’s stock price correlate with earnings forecast revisions?
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