RTTNews | Feb 24, 2021 09:07AM EST

09:07 Wednesday, February 24, 2021 (RTTNews.com) - Pinnacle West Capital Corp. (PNW) reported a fourth-quarter net loss attributable to common shareholders of $19.4 million or $0.17 per share compared to net income of $64.0 million or $0.57 per share in the prior year. Analysts polled by Thomson Reuters expected the company to report earnings of $0.04 per share for the fourth-quarter. Analysts' estimates typically exclude special items.

Operating revenues for the quarter grew to $740.96 million from $670.39 million last year. Analysts expected revenues of $715.74 million for the quarter.

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