Short answer
Pinnacle West Capital (PNW) filed an 8-K current report with the SEC on August 4, 2026 reporting Item EX-99.1 (Exhibit EX-99.1). Q2 net income $178.6M, or $1.43 diluted EPS, down from $192.6M and $1.58 year over year.
Pinnacle West Capital 8-K event analysis
AI summary of each reported item and its exhibits
Item EX-99.1 · Exhibit EX-99.1
- Q2 net income $178.6M, or $1.43 diluted EPS, down from $192.6M and $1.58 year over year
- Higher interest charges, depreciation and lower transmission revenues reduced earnings by approximately $14M
- Customer growth 2.1%, weather-normalized sales growth 5.6% and total sales growth 9.6% supported demand
- 2026 earnings outlook maintained at $4.55-$4.75 diluted EPS on a weather-normalized basis
- Planned Cholla conversion would return approximately 380 MW by 2029, subject to regulatory approval
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