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AI brief of an SEC Form 8-K · Pinnacle West Capital (PNW)

Pinnacle West 2024 net income rises to $608.8 million; 2025 EPS outlook maintained

Positive Impact 3 of 5 earnings Written later

Pinnacle West reported full-year 2024 net income attributable to common shareholders of $608.8 million, or $5.24 per diluted share, up from $501.6 million, or $4.41, in 2023. The company posted a fourth-quarter net loss of $6.8 million, or $0.06 per diluted share, and said it continues to estimate 2025 earnings of $4.40 to $4.60 per diluted share on a weather-normalized basis.

Key points

  • Full-year 2024 net income attributable to common shareholders was $608.8 million, or $5.24 per diluted share, versus $501.6 million, or $4.41, in 2023.
  • Fourth-quarter 2024 net loss attributable to common shareholders was $6.8 million, or $0.06 per diluted share, compared with a net loss of $23,000 in the fourth quarter of 2023.
  • Full-year 2024 operating revenues were $5.12 billion, up from $4.70 billion in 2023; fourth-quarter revenues were $1.10 billion, up from $991.6 million.
  • 2025 EPS guidance of $4.40 to $4.60 per diluted share was reiterated in the company's February 25, 2025 release.

The filing

CompanyPinnacle West Capital (PNW)
Form8-K, current report
Filed with the SECFeb 25, 2025, 8:25 AM ET
Accession number0000764622-25-000022

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:12 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 25, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.