Pinnacle West Capital Q3 EPS $3.49 Beats $3.23 Estimate, Sales $1.973B Beat $1.900B Estimate

Pinnacle West Capital (NYSE:PNW) reported quarterly earnings of $3.49 per share which beat the analyst consensus estimate of $3.23 by 7.72 percent. This is a 2.95 percent increase over earnings of $3.39 per share from the same period last year. The company reported quarterly sales of $1.973 billion which beat the analyst consensus estimate of $1.900 billion by 3.82 percent. This is a 8.33 percent increase over sales of $1.821 billion the same period last year.