Pinnacle West Reports 2020 Full-Year and Fourth-Quarter Results
Posted on 210 Pinnacle West Capital Corp. (NYSE: PNW) today reported consolidated net income attributable to common shareholders of $550.6 million, or $4.87 per diluted share, for full-year 2020. This result compares with net income of $538.3 million, or $4.77 per diluted share, in 2019. Weather impacts alone accounted for a year-over-year increase in after-tax revenues of $94 million, or $0.83 cents per share. In a year of transition and renewed focus on excellence in customer care, the company recently launched a new cultural fra...
Source: financialbuzz.com