Pinnacle West Capital Corp (PNW) delivered a robust business performance throughout the year. Pivotal data from its
Strategic SWOT Insight indicates an affirmative outlook for the company. PNW recently interacted with analysts discussing
future projections and
clean energy commitments. Despite stock underperformance on certain days, the company's shares successfully crossed the notable 4% yield mark. For Q3 2024,
revenues exceeded expectations while EPS slightly lagged. PNW enhanced FY 2025 earnings guidance while the Q3 2024 earnings snapshot showed the company skillfully navigating through challenges. Amid regulatory challenges, PNW spotlighted growth and revealed an offering of common stock up to $900 million. PNW's Q3 earnings and revenues surpassed estimates. Increased investments and a reinforced renewable portfolio bolstered PNW's position in the utility sector. Significantly, PNW's
dividend was increased to $0.895 exercising a bullish impact on the stock. KeyCorp Research Analysts lifted earnings estimates for PNW, projecting growth on the horizon. The company successfully drew investment from several asset management firms, highlighting investor confidence. Anticipating improved Q3 results, PNW stepped forward with a dividend raise. Notwithstanding higher costs, their renewable portfolio has garnered appeal instigating steady returns for investors.
Pinnacle West Capital Corporation PNW News Analytics from Sun, 06 Jan 2019 08:00:00 GMT to Sat, 09 Nov 2024 12:41:29 GMT -
Rating 4
- Innovation 2
- Information 7
- Rumor -4
