Pinnacle West Capital Q1 EPS $(0.04) Misses $0.02 Estimate, Sales $1.03B Beat $999.98M Estimate

Pinnacle West Capital (NYSE:PNW) reported quarterly losses of $(0.04) per share which missed the analyst consensus estimate of $0.02 by 300 percent. This is a 126.67 percent decrease over earnings of $0.15 per share from the same period last year. The company reported quarterly sales of $1.03 billion which beat the analyst consensus estimate of $999.98 million by 3.23 percent. This is a 8.47 percent increase over sales of $951.71 million the same period last year.