Pinnacle West Capital Corp
PNW: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| MB | LOCK|%%@ | LOCK|CW@JgMc |
Pinnacle West Earnings: Demand Growth Driving New Investment; We're Raising Fair Value Estimate
Pinnacle West is on track to top our full-year 2024 earnings outlook after reporting $3.37 per share of earnings during the third quarter, down slightly from the third quarter of 2023. Management reaffirmed its $5.00-$5.20 EPS guidance range.
