Pinnacle West reports 2026 Q1 financial results
Net income reaches $32.9 million or $0.27 per share, up from prior year's loss, driven by warmer weather, customer growth, and higher transmission revenues. Outlook remains $4.55-$4.75 per share.
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Electric utility holding company
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In short: Pinnacle West Capital Corporation reported solid 2026 first-quarter earnings and raised its long-term retail sales growth outlook.
Net income reaches $32.9 million or $0.27 per share, up from prior year's loss, driven by warmer weather, customer growth, and higher transmission revenues. Outlook remains $4.55-$4.75 per share.
The board declares $0.91 per share, payable June 1, 2026, to shareholders of record May 4, 2026. First-quarter results and conference call are scheduled for May 4.
Net income reaches $616.5 million or $5.05 per share, up from 2024. Strong customer growth of 2.4% and sales increase drive results. 2026 earnings outlook is $4.55-$4.75 per share.
The board declares $0.91 per share, payable March 2, 2026, to shareholders of record February 2, 2026.
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