Jul. 30 at 5:19 PM
$PNW Q2 earnings preview: Will higher costs offset growth? 🧐
⚡️ Boost from retail customer growth & increased electricity demand
🔄 Lower core operations & maintenance expenses expected to help
📉 Yet, higher depreciation & property taxes may weigh on results
Zacks Consensus Estimate pegs earnings at
$1.58 per share, down 10.2% YoY, and revenue at
$1.27 billion, down 3% YoY. Total electric sales expected to be 9,757.73 GWh, down 1.7% YoY.
Full analysis here 👉 https://www.zacks.com/stock/news/2638688/pinnacle-west-capital-to-release-q2-earnings-what-to-expect?cid=sm-stocktwits-2-2638688-body-4697&ADID=SYND_STOCKTWITS_TWEET_2_2638688_BODY_4697