The highly anticipated financial results for the third quarter of Pinnacle West Capital Corporation (NYSE: PNW) are scheduled to be disclosed on Wednesday 6th November 2024. This important update will be made available before market open, providing investors and market participants with key information regarding the company's financial status.
Financial analysts on Wall Street are predicting that the establishment is about to reveal an estimated $3.49 profit per share for the quarter. Additionally, the company is projected to announce a total revenue of $1.87 billion for this period.
Examining the corresponding quarter from the previous year, the company's earnings report unveiled a income of $3.5 per share. This number was attributed to the company's total revenue, which settled at an impressive $1.64 billion during the same period.
The company's full-year performance projections, as provided by Wall Street analysts, suggest a total revenue of $4.88 billion. Further, they expect the earnings per share to achieve profit of $4.92 for the fiscal year.
PNW has scheduled a conference call on 6th November 2024 at 11:00 AM eastern time to discuss the third quarter financial results and other related information.
Pinnacle West Capital Corporation (PNW) closed Friday's regular trading session at $85.83, reflecting a 2.25 percent drop. The stock fluctuated between $85.48 and $88.06 during the day, with a volume of 1.12 million shares.
