WASHINGTON (dpa-AFX) - While reporting financial results for the fourth quarter on Wednesday, energy holding company Pinnacle West Capital Corp. (PNW) reaffirmed its consolidated earnings guidance for the full-year 2026.
For fiscal 2026, the company continue to expect consolidated earnings in the range of $4.55 to $4.75 per share on a weather-normalized basis.
For the fourth quarter, the company reported net income attributable to common shareholders of $15.40 million or $0.13 per share, compared to a net loss $6.83 million or $0.06 per share in the prior-year quarter.
Total operating revenues for the quarter increased to $1.13 billion from $1.10 billion in the same quarter last year.
In Wednesday's pre-market trading, PNW is trading on the NYSE at $98.20, down $1.88 or 1.88 percent.
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