Here are the latest financial figures for Pinnacle West Capital Corp. (PNW):
In comparison to the net profit of $23.99 million made in the same quarter the previous year, the company reported a net loss of $0.02 million in the fourth quarter. Similarly, the earnings per share (EPS) witnessed a drop from -$0.21 in the corresponding period last year to -$0.00 in Q4. Interestingly, analysts had earlier projected the EPS to be -$0.13 per share.
With regards to revenue, it saw a slight dip from $1.01 billion in the previous year's Q4 to $0.99 billion in this year's Q4.