PHOENIX (AP) _ Pinnacle West Capital Corp. (PNW) on Thursday reported third-quarter earnings of $326.3 million.
On a per-share basis, the Phoenix-based company said it had profit of $2.88.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.62 per share.
The power company posted revenue of $1.47 billion in the period.
Pinnacle West expects full-year earnings to be $4.20 to $4.35 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PNW at https://www.zacks.com/ap/PNW
