PNW · News · 20260804N

Net Income and EPS Performance

PINNACLE WEST CAPITAL CORP · 2026-08-04 · Importance 41 · Surprise 32

Second-quarter 2026 EPS was $1.43, down from $1.58 a year earlier and below consensus estimates ranging from $1.47 to $1.49. The year-over-year decline was attributed to higher operating expenses, increased interest charges, and higher depreciation. Despite the quarterly shortfall, Pinnacle West reaffirmed its 2026 earnings guidance of $4.55 to $4.75 per share. Management expects results near the high end of that range, supported by customer growth and utility investment.

Key facts

• Q2 2026 earnings of $1.43 per share, missing analyst estimates by 2 cents, but revenue reached $1.45 billion. source
• Quarterly EPS of $1.43 declined 9.49% year-over-year according to one report attributing the decline largely to higher interest charges and increased depreciation. source