Pinnacle West Capital Issues FY 2026 Earnings Guidance

The utility company provided EPS guidance for the upcoming fiscal year.

Feb. 26, 2026 at 4:38pm

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Pinnacle West Capital (NYSE:PNW), a utility holding company headquartered in Phoenix, Arizona, has updated its fiscal year 2026 earnings guidance. The company expects to report earnings per share (EPS) in the range of $4.55 to $4.75, compared to the previous consensus estimate of $4.80.

Why it matters

Pinnacle West Capital's earnings guidance provides insight into the company's financial performance and growth outlook. As a major utility provider in Arizona, the company's results are closely watched by investors and analysts to gauge the broader trends in the state's energy market.

The details

Pinnacle West Capital, through its subsidiary Arizona Public Service Company (APS), generates, transmits, and distributes electricity to over one million customers across central and southern Arizona. The company's diversified generation portfolio includes natural gas-fired plants, the Palo Verde Generating Station nuclear facility, and growing investments in solar and battery storage projects.

  • Pinnacle West Capital updated its FY 2026 earnings guidance on Wednesday, February 26, 2026.

The players

Pinnacle West Capital

A publicly traded utility holding company headquartered in Phoenix, Arizona, that generates, transmits, and distributes electricity through its subsidiary Arizona Public Service Company.

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The takeaway

Pinnacle West Capital's updated earnings guidance for fiscal year 2026 suggests the company is navigating the evolving energy landscape in Arizona, balancing its traditional power generation assets with investments in renewable energy sources like solar and battery storage.