Pinnacle West Capital (PNW) earnings for the quarter ended September 2026: EPS beats estimates
Pinnacle West Capital reported results for the quarter ended September 2026 on November 3, 2026. Adjusted earnings per share came in at $3.49 against the analysts’ average forecast of $3.36, a beat of 3.8%.
Revenue for the quarter was $1.97 billion, up 8.3% from $1.82 billion in the same quarter a year earlier.
The market’s verdict: the stock fell 0.4% on the first trading day after the report.
The last four quarters
Pinnacle West Capital has beaten the analysts’ EPS forecast in 3 of the last 4 quarters.
| Quarter | EPS | Forecast | Surprise | Revenue growth | Price reaction |
|---|---|---|---|---|---|
| Sep 2026 | $3.49 | $3.36 | +3.8% | +8% | −0.4% |
| Jun 2026 | $1.43 | $1.47 | −2.7% | +7% | +0.7% |
| Mar 2026 | $0.27 | $0.03 | +814.0% | +11% | −2.2% |
| Dec 2025 | $0.13 | $0.05 | +162.2% | +3% | −0.5% |
What comes next
Analysts expect EPS of -$0.06 for the next quarter on average and $5.05 for the fiscal year ending December 31, 2026.
The average analyst price target is $105.70, 1% below the current price of $107.00.
Valuation and score
Pinnacle West Capital scores 1.6 out of 5 overall on Stock Analiz (weak), trades at a trailing P/E of about 20.2, and its intrinsic value under moderate assumptions is about 23% below the current market value. Full Pinnacle West Capital analysis with 10 years of financials
Frequently asked questions
What was Pinnacle West Capital’s EPS for the quarter ended September 2026?
$3.49 adjusted per share, against an analyst consensus of $3.36.
How much revenue did Pinnacle West Capital report?
$1.97 billion, up 8.3% year over year.
More
This report was written automatically from the published numbers within hours of the release. It is information, not investment advice.