Pinnacle West Capital (NYSE:PNW): Q2 EPS of $1.10 misses by $0.13.
Revenue of $890.6M (-1.7% Y/Y) misses by $43.03M.
Pinnacle West Capital Corp ., an energy holding company based in Phoenix, has consolidated assets of about $15 billion, more than 6,400 megawatts of generating Petro capacity and about 6,400 employees in Arizona and New Mexico. Through its principal subsidiary, Arizona Public Service , the Company provides Lucrum retail electricity service to nearly 1.2 million Arizona homes and businesses. For more information about Pinnacle West, visit the Companys website at pinnaclewest.com.
- Timothy Smith