NYSE$PNW
Pinnacle West Capital Corporation · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Pinnacle West's second-quarter results reflected the unfavorable outcome of the company’s recent general rate case, which was implemented on Dec. 1, 2021.
Pinnacle West reported consolidated net income attributable to common shareholders of $164.3 million, or $1.45 per diluted share, for the quarter ended June 30, 2022. The company's second-quarter results reflect the unfavorable outcome of the company’s recent general rate case, which was implemented on Dec. 1, 2021.
- Quarterly results were consistent with expectations, and full-year 2022 earnings guidance was maintained.
- Customer and sales growth continue to bolster the company’s underlying fundamentals.
- EPA recognized APS as 2022 ENERGY STAR® Partner of the Year.
- The company continues to expect its consolidated earnings guidance will be in the range of $3.90 to $4.10 per diluted share on a weather-normalized basis for 2022.
Headline financials
Revenue & EPS history
Pinnacle West · Revenue · Quarterly
$1.06B
Forward guidance
For 2022, the company continues to expect its consolidated earnings guidance will be in the range of $3.90 to $4.10 per diluted share on a weather-normalized basis.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2022
+0.4%
Avg return
Earnings day
+0.3%
Avg return
5 days after
+0.9%
Avg return
30 days after
58%
39 / 67 earnings
Positive
+5.1%
Q4 2021
Best reaction
-5.2%
Q3 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.7% | -4.2% | -6.5% | |
| Q4 2025 | -0.3% | +0.5% | -0.4% | |
| Q3 2025 | -0.1% | -0.6% | +0.1% | |
| Q1 2025 | -1.9% | -1.8% | -4.2% | |
| Q4 2024 | +1.1% | +0.5% | +1.0% | |
| Q3 2024 | +2.9% | +6.0% | +5.6% | |
| Q2 2024 | +3.1% | -0.3% | +2.3% | |
| Q1 2024 | +1.1% | +2.0% | +5.2% | |
| Q4 2023 | -3.4% | -1.8% | +7.9% | |
| Q3 2023 | -2.2% | -4.4% | -0.6% | |
| Q2 2023 | -4.8% | -6.6% | -8.0% | |
| Q1 2023 | +2.2% | +1.8% | -1.4% | |
| Q4 2022 | +0.4% | +4.1% | +6.9% | |
| Q3 2022 | +3.3% | +1.5% | +16.1% | |
| Q2 2022 | +3.8% | +2.4% | +1.5% | |
| Q1 2022 | +0.8% | +2.8% | +7.3% | |
| Q4 2021 | +5.1% | +4.8% | +12.8% | |
| Q3 2021 | +0.1% | +1.5% | +4.0% | |
| Q2 2021 | +2.7% | +2.7% | -1.3% | |
| Q1 2021 | +1.2% | +3.7% | +2.8% | |
| Q4 2020 | -3.3% | -4.2% | +6.3% | |
| Q3 2020 | -2.6% | -1.3% | +0.8% | |
| Q2 2020 | +3.0% | +1.3% | -9.2% | |
| Q1 2020 | +2.6% | +1.0% | +10.6% | |
| Q4 2019 | -0.1% | -3.8% | -35.2% | |
| Q3 2019 | -5.2% | -6.1% | -5.5% | |
| Q2 2019 | -0.6% | -0.0% | +0.9% | |
| Q1 2019 | -2.3% | -1.9% | -1.4% | |
| Q4 2018 | +1.9% | +1.1% | +5.2% | |
| Q3 2018 | +3.6% | +4.5% | +6.3% | |
| Q2 2018 | +1.3% | +1.0% | -1.9% | |
| Q1 2018 | -0.3% | -0.3% | -3.0% | |
| Q4 2017 | +4.6% | +0.3% | +1.3% | |
| Q3 2017 | +1.1% | +2.1% | +3.5% | |
| Q2 2017 | +0.9% | +1.7% | +3.0% | |
| Q1 2017 | +0.4% | +1.0% | +5.9% | |
| Q4 2016 | +0.8% | +2.4% | +4.5% | |
| Q3 2016 | -0.5% | +1.7% | -1.3% | |
| Q2 2016 | -1.7% | -2.9% | -5.9% | |
| Q1 2016 | +2.5% | — | — | |
| Q4 2015 | +3.1% | — | — | |
| Q3 2015 | +1.6% | — | — | |
| Q2 2015 | +0.3% | — | — | |
| Q1 2015 | -0.2% | — | — | |
| Q4 2014 | +0.3% | — | — | |
| Q3 2014 | +2.9% | — | — | |
| Q2 2014 | -1.6% | — | — | |
| Q1 2014 | -2.3% | — | — | |
| Q4 2013 | -0.5% | — | — | |
| Q3 2013 | -2.4% | — | — | |
| Q2 2013 | -1.1% | — | — | |
| Q1 2013 | +0.2% | — | — | |
| Q4 2012 | -0.4% | — | — | |
| Q3 2012 | -2.1% | — | — | |
| Q2 2012 | +1.3% | — | — | |
| Q1 2012 | +0.1% | — | — | |
| Q4 2011 | +0.0% | — | — | |
| Q3 2011 | +0.4% | — | — | |
| Q2 2011 | -2.2% | — | — | |
| Q1 2010 | +2.1% | — | — | |
| Q1 2011 | +1.1% | — | — | |
| Q4 2008 | -0.8% | — | — | |
| Q3 2010 | -1.5% | — | — | |
| Q3 2009 | -1.5% | — | — | |
| Q2 2010 | +2.5% | — | — | |
| Q2 2009 | +2.5% | — | — | |
| Q4 2009 | +2.5% | — | — |
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