Pinnacle West Capital Q2 EPS $1.43 Misses $1.47 Estimate, Sales $1.455B Beat $1.390B Estimate
Pinnacle West Capital (NYSE:PNW) reported quarterly earnings of $1.43 per share which missed the analyst consensus estimate of $1.47 by 2.72 percent. This is a 9.49 percent decrease over earnings of $1.58 per share from
Pinnacle West made less profit per share than experts predicted, but sold more stuff than expected. When a company misses on profits but beats on sales, it means they're selling well but spending too much to make things happen.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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