8-KItem 2.02 · Results of OperationsItem 7.01 · Reg FD DisclosureItem 9.01 · Financial Statements
Pinnacle West reports lower Q2 earnings but raises sales growth outlook
Filed with the SEC on · Summarized by InvestorsBot
Pinnacle West reported second-quarter 2026 net income attributable to common shareholders of $178.6 million, or $1.43 per diluted share, down from $192.6 million, or $1.58 per share, a year earlier, mainly due to higher interest expense, depreciation and amortization, and lower transmission revenue. Arizona Public Service reported 2.1% customer growth, 5.6% weather-normalized sales growth and 9.6% total sales growth, while Pinnacle West maintained 2026 EPS guidance of $4.55 to $4.75 and expects to invest $2.6 billion to $2.9 billion in capital projects.