Pinnacle West Capital to Release Q2 Earnings: What to Expect?

Pinnacle West Capital Corporation PNW is scheduled to release second-quarter 2025 results on Aug. 6, before market open. The company delivered a negative earnings surprise of 180% in the last reported quarter. Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.Key Factors That Might Have Impacted PNW's Q2 PerformancePinnacle West Capital’s second-quarter earnings are expected to have continued to benefit from retail customer growth and an increase in retail electricity sales. This growth is expected to have been driven by increased electricity demand from new large manufacturing facilities and several large data centers. The bottom line is also expected to have gained from lower core operations & maintenance expenses. Arizona Public Service’s (“APS”) Energy Management System is expected to have continued to provide a better foundation, thereby improving the integration of renewable and energy storage assets into APS’ generation resource portfolio. This is likely to have had a positive impact on the company’s quarterly performance. However, higher depreciation, amortization and property taxes must have offset some positives in the to-be-reported quarter.  Q2 Expectations for PNWThe Zacks Consensus Estimate for earnings is pegged at $1.58 per share, indicating a year-over-year decrease of 10.2%. The Zacks Consensus Estimate for revenues is pinned at $1.27 billion, implying a year-over-year deterioration of 3%.The Zacks Consensus Estimate for total electric sales is pinned at 9,757.73 gigawatt-hour, down 1.7% from the year-ago quarter’s registered figure. What Our Quantitative Model PredictsOur proven model does not predict an earnings beat for Pinnacle West Capital this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here as you will see below.   Pinnacle West Capital Corporation Price and EPS Surprise Pinnacle West Capital Corporation price-eps-surprise | Pinnacle West Capital Corporation QuoteEarnings ESP: The company’s Earnings ESP is 0.00%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.Zacks Rank: Currently, Pinnacle West Capital carries a Zacks Rank #3. You can see the complete list of today's Zacks #1 Rank stocks here.Other Stocks to ConsiderInvestors may also consider the following players from the same industry, as these too have the right combination of elements to post an earnings beat this reporting cycle.IDACORP IDA is likely to come up with an earnings beat when it reports second-quarter results on July 31. It has an Earnings ESP of +1.56% and a Zacks Rank #2 at present.IDA’s long-term (three to five years) earnings growth rate is 8.13%. The Zacks Consensus Estimate for earnings is pinned at $1.76 per share, which implies a year-over-year increase of 2.9%. Xcel Energy XEL is likely to come up with an earnings beat when it reports second-quarter results on July 31. It has an Earnings ESP of +0.53% and a Zacks Rank #3 at present.XEL’s long-term earnings growth rate is 7.79%. The Zacks Consensus Estimate for earnings is pinned at 63 cents per share, which implies a year-over-year increase of 16.7%. NRG Energy NRG is likely to come up with an earnings beat when it reports second-quarter results on Aug. 6. It has an Earnings ESP of +16.95% and a Zacks Rank #3 at present.NRG’s long-term earnings growth rate is 15.4%. The Zacks Consensus Estimate for earnings is pinned at $1.18 per share, which implies a year-over-year decrease of 20.3%.  #1 Semiconductor Stock to Buy (Not NVDA)The incredible demand for data is fueling the market's next digital gold rush. As data centers continue to be built and constantly upgraded, the companies that provide the hardware for these behemoths will become the NVIDIAs of tomorrow.One under-the-radar chipmaker is uniquely positioned to take advantage of the next growth stage of this market. It specializes in semiconductor products that titans like NVIDIA don't build. It's just beginning to enter the spotlight, which is exactly where you want to be.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Xcel Energy Inc. (XEL): Free Stock Analysis Report NRG Energy, Inc. (NRG): Free Stock Analysis Report Pinnacle West Capital Corporation (PNW): Free Stock Analysis Report IDACORP, Inc. (IDA): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks