India, May 1 -- Energy holding company Pinnacle West Capital Corp. (PNW) on Thursday reported a loss in its first quarter, compared to prior year's profit, despite higher revenues. Further, the firm maintained its outlook for fiscal 2025 earnings.
In pre-market activity on the NYSE, Pinnacle West Capital shares were losing around 0.4 percent to trade at $94.83.
For 2025, the company continues to estimate its consolidated earnings will be within a range of $4.40 to $4.60 per share on a weather-normalized basis.The Wall Street analysts on average expect the company to report earnings of $4.53 per share. Analysts' estimates typically exclude special items.
In the first quarter, Pinnacle West Capital's net loss attributable to shareholders w...