Benzinga | Oct 30, 2020 08:33AM EDT

Pinnacle West Capital Q3 EPS $3.07 Beats $2.85 Estimate, Sales $1.25B Beat $1.22B Estimate

Pinnacle West Capital (NYSE:PNW) reported quarterly earnings of $3.07 per share which beat the analyst consensus estimate of $2.85 by 7.72 percent. This is a 10.83 percent increase over earnings of $2.77 per share from the same period last year. The company reported quarterly sales of $1.25 billion which beat the analyst consensus estimate of $1.22 billion by 2.83 percent. This is a 5.33 percent increase over sales of $1.19 billion the same period last year.