Pinnacle West Capital Corporati (PNW) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $1.43
- Estimate
- $1.47
- Surprise
- -2.7%
- Revenue (period 2026-06-30)
- $1.46B
- Score today
- 4.8/10
Revenue source: xbrl.
How the report landed
Pinnacle West Capital Corporati (PNW) missed the $1.47 estimate with diluted EPS of $1.43 — a modest 2.7% shortfall.
Where TrendMatrix's rating stands now
TrendMatrix currently rates PNW Sell at 4.8/10; no pre/post engine snapshot brackets this report.
2 of the last 4 quarters beat the estimate; this quarter's -2.7% surprise compares with a +4092.3% four-quarter average. Next scheduled report: 2026-11-03.
What supports the rating
- Sector modifier (Utilities): +1.0
What argues against it
- Analyst target reached - limited upside remaining
- V7 low-quality RISK_OFF penalty: -0.5 (Q=4.2)
- Leverage penalty (D/E 2.3): -1.5
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $98.00
- Price target
- $100.32
- Stop
- $95.00
- Upside to target
- +2.4%
At 18.8× trailing and 17.5× forward earnings, consensus estimates imply little change in earnings power.
Risk check: RSI 27 — a level conventionally read as oversold.
Model outputs from TrendMatrix’s engine as of 2026-09-04 — shown for context, not personalized investment advice.
PNW at TrendMatrix's latest read
Utility earnings are regulatory outcomes on a lag — allowed-return and rate-case posture frame any quarter's print.
- Industry
- Utilities - Regulated Electric
- Market cap
- $11.80B
- P/E (fwd)
- 17.5
- P/E (ttm)
- 18.8
- 52-week range
- $85.32–$111.16
- Off 52-week high
- 11.8%
- RSI (14)
- 27
- Volume vs avg
- 0.97×
- Score today
- 4.8/10