Pinnacle West Capital's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Pinnacle West Capital (NYSE:PNW) is expected to report a Q4 EPS of $-0.13 on February 27, 2024. Analysts and investors are looking for an earnings beat and positive guidance for the next quarter. The company's past earnings performance shows mixed results with both beats and misses, affecting stock prices variably. Shares are currently trading at $70.5, down 6.49% over the last year, indicating a cautious outlook from long-term shareholders.
February 26, 2024 | 7:02 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Pinnacle West Capital is anticipated to report a Q4 EPS of $-0.13, with investors hoping for positive guidance. The stock has seen a 6.49% decline over the past year, indicating potential volatility around the earnings announcement.
Given PNW's mixed past earnings performance and the current negative yearly return, the upcoming earnings report could either reinforce the negative trend or provide a positive surprise. The anticipation of earnings beat and guidance makes the short-term impact uncertain, hence a neutral score. The importance is high due to the potential for significant stock movement post-earnings, but confidence is not at maximum due to the unpredictability of market reactions to earnings reports.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100