Pinnacle West Capital Q3 EPS $3.00 Beats $2.79 Estimate, Sales $1.31B Beat $1.24B Estimate

Pinnacle West Capital (NYSE:PNW) reported quarterly earnings of $3.00 per share which beat the analyst consensus estimate of $2.79 by 7.53 percent. This is a 2.28 percent decrease over earnings of $3.07 per share from the same period last year. The company reported quarterly sales of $1.31 billion which beat the analyst consensus estimate of $1.24 billion by 5.48 percent. This is a 4.26 percent increase over sales of $1.25 billion the same period last year.