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Pinnacle West Capital Corporation (NYSE:PNW) Q1 2024 Earnings Call Transcript

Pinnacle West Capital Corporation beats earnings expectations. Reported EPS is $0.15, expectations were $0.00723. ....

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Taiwan Semiconductor's $65B Arizona investment, data centers key drivers of APS sales growth: CFO

Utility industry news and analysis for energy professionals. ....

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Pinnacle West Capital posts Q1 profit on customer growth, new rates

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 Pinnacle West Chief Executive Officer Jeff Guldner, in a statement, citing 1.8% year-over-year customer growth and weather-normalized sales growth of 5.9%. ....

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Pinnacle West Reports 2024 First-quarter Financial Results

Improved quarterly results impacted by customer growth, increased sales and new rates

APS employees focus on summer preparedness, reliability and resilience

Company reaffirms full-year 2024. ....

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Pinnacle West Capital Posts Q1 Profit on Customer Growth, New Rates

Pinnacle West Capital Posts Q1 Profit on Customer Growth, New Rates
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