(USD) | Mar 2024 | Q/Q |
---|---|---|
Revenue | 951.7MM | -4% |
Gross Profit | 593.8MM | - |
Cost Of Revenue | 357.9MM | -5% |
Operating Income | 66.8MM | -10% |
Operating Expenses | 527.1MM | - |
Net Income | 21.2MM | - |
Interest Expense | 86.6MM | +0% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
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Pinnacle West Capital ( NYSE:PNW ) First Quarter 2024 Results Key Financial Results Revenue: US$951.7m (flat on 1Q...
The state is attracting residents and industry, resulting in “robust” first-quarter sales, said Andrew Cooper, chief financial officer of APS parent Pinnacle West.
Discover how Pinnacle West Capital Corp navigated the first quarter with enhanced earnings, strategic equity offerings, and robust sales growth.
Pinnacle West's (PNW) first-quarter earnings and revenues increase year over year. Total operating expenses decline during the same period.
Utility companies use General Rate Case (GRC) proceedings to increase consumer electricity prices to ask for an increase in rates on the basis of its total cost of providing service. Through its principal subsidiary, Arizona Public Service, the company provides retail electricity service to approximately 1.4 million Arizona homes and businesses. "The first quarter proved to be a strong start to our year and continued to build on the momentum of a growing and diverse customer base," said Pinnac...
Stocks like Atmos Energy Corporation (ATO), California Water Service Group (CWT), Pinnacle West Capital Corporation (PNW), Colgate-Palmolive Company (CL) and McCormick & Company, Incorporated (MKC) are a safe bet amid sinking consumer confidence.
Pinnacle West (PNW) delivered earnings and revenue surprises of 850% and 1.55%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Strong Start to 2024 with Significant Revenue Growth and Strategic Preparations for Summer
PHOENIX, May 02, 2024--Pinnacle West reports improved first-quarter results that were positively impacted by customer growth, increased sales and new rates.
Pinnacle West Capital's (PNW) first-quarter results are expected to gain from news rates and an expanding customer base. However, higher operations and maintenance expenses might impact negatively.