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Pinnacle West (PNW) continues to benefit from its long-term investment plans, clean power generation and expanding customer base.

Pinnacle West Capital Corporation (PNW) Q4 2023 Earnings Call Transcript

Pinnacle West's (PNW) fourth-quarter earnings were better than expected. The company has a well chalked-out capital investment plan to further strengthen its operation.

Pinnacle West Capital's (PNW) fourth-quarter results are expected to gain from expanding customer base and sales growth. Yet, rising operations and maintenance expenses might impact negatively.

Pinnacle West (PNW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

PHOENIX--(BUSINESS WIRE)--Pinnacle West to release its 2023 fourth-quarter and full-year financial results before U.S. financial markets open on Tuesday, Feb. 27, 2024.

Pinnacle West Capital Corporation has suffered from aggressive regulatory challenges and valuation compression. The 5% yield and the 14X P/E are supported with a solid credit profile. Pinnacle West Capital Corporation still has risks here, and we outline the best way to play this.

Pinnacle West (PNW) is expected to further benefit from its long-term investment plan, clean power generation and expanding customer base.

This is Arizona's largest electric utility, serving 1.3 million in a high population-growth state. Last year, regulators lowered the allowable return on equity, but record heat this summer offset any losses. The utility successfully sued its regulators, winning a partial reversal.

Pinnacle West's (PNW) third-quarter 2023 earnings and revenues increase year over year. Total operational and maintenance expenses decline during the same period.