Pinnacle West Capital Q4 Profit Decreases - Quick Facts

(RTTNews) - Pinnacle West Capital Corp. (PNW) reported fourth-quarter net income to shareholders of $5.41 million or $0.05 per share, compared to $24.26 million or $0.22 per share, prior year.

On average, ten analysts polled by Thomson Reuters expected the company to report profit per share of $0.18 for the quarter. Analysts' estimates typically exclude special items.

Revenue increased to $726.45 million from $699.76 million last year. Analysts expected revenue of $738.07 million for the quarter.

For 2015, the company continues to expect its on-going consolidated earnings will be within a range of $3.75 to $3.95 per share. Analysts expect the company to report fiscal 2015 earnings per share of $3.86.