Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Here is how Pinnacle West (PNW) and Southern Co. (SO) have performed compared to their sector so far this year.
Investors looking for stocks in the Utility - Electric Power sector might want to consider either Pinnacle West (PNW) or PSEG (PEG). But which of these two stocks is more attractive to value investors?
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Pinnacle West (PNW) reported earnings 30 days ago. What's next for the stock?
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Pinnacle West Capital Corporation (NYSE:PNW ) Q3 2024 Earnings Conference Call November 6, 2024 11:00 AM ET Company Participants Amanda Ho - IR Jeffrey Guldner - Chairman, President and CEO Andrew Cooper - SVP and CFO, Pinnacle West Capital Corporation and Arizona Public Service Company Ted Geisler - President, Arizona Public Service Company Conference Call Participants Shar Pourreza - Guggenheim Partners Nick Campanella - Barclays David Arcaro - Morgan Stanley Anthony Crowdell - Mizuho Paul Patterson - Glenrock Associates Julien Dumoulin-Smith - Jefferies Sophie Karp - KeyBanc Steve Fleishman - Wolfe Research Dylan Lipner - Ladenburg Thalmann & Company Operator Good day everyone and welcome to the Pinnacle West Capital Corporation 2024 Third Quarter Earnings Conference Call. At this time, all participants have been placed on a listen-only mode.
PNW third-quarter earnings decrease year over year, while revenues increase. Total operating expenses also increase during the same period.
Pinnacle West (PNW) came out with quarterly earnings of $3.37 per share, beating the Zacks Consensus Estimate of $3.35 per share. This compares to earnings of $3.50 per share a year ago.
PNW's Q3 results are expected to continue benefiting from retail customer growth. However, rising expenses might offset some positives.
Pinnacle West (PNW) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Today on Yahoo Finance's Good Buy or Goodbye, Host Julie Hyman is joined by Mizuho Americas managing director and senior analyst of utilities Anthony Crowdell to discuss the best and worst stock picks for investors in the utilities sector (XLU). Crowdell recommends Pinnacle West Capital (PNW) as a buy.