Pinnacle West Capital Guides FY24 EPS In Line With Estimates - Update

RTTNews | hace 381
Pinnacle West Capital Guides FY24 EPS In Line With Estimates - Update

(RTTNews) - While reporting financial results for the fourth quarter on Tuesday, energy holding company Pinnacle West Capital Corp. (PNW) initiated its earnings guidance for the full-year 2024 in the range of $4.60 to $4.80 per share on a weather-normalized basis, following the recent conclusion of APS's rate case.

On average, 14 analysts polled by Thomson Reuters expect the company to report earnings of $4.80 per share for the year. Analysts' estimates typically exclude special items.

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Pinnacle West Capital Affirms FY23 EPS Outlook - Update

Pinnacle West Capital Affirms FY23 EPS Outlook - Update

While reporting financial results for the first quarter on Thursday, energy holding company Pinnacle West Capital Corp. (PNW) affirmed its earnings guidance for the full-year 2023 in the range of $3.95 to $4.15 per share on a weather-normalized basis.
RTTNews | hace 680
CPSC Recalls: Batteries, Bicycles, Heaters, Water Bottles, Stools, Harnesses, Teethers, Safety Gates

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RTTNews | hace 5h 47min
U.S. Consumer Sentiment Plunges To Lowest Level In Over Two Years

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Largely reflecting a substantial deterioration in consumer expectations, the University of Michigan released a report on Friday showing a much steeper than expected drop by its reading on U.S. consumer sentiment in the month of March. The University of Michigan said its consumer sentiment index plunged to 57.9 in March after tumbling to 64.7 in February.
RTTNews | hace 5h 47min
Bay Street Likely To Open Higher On Positive Global Cues

Bay Street Likely To Open Higher On Positive Global Cues

Higher U.S. and Canadian futures, firm commodity prices and rising European stocks point to a positive start for the Canadian market on Friday. Trade war worries might weigh a bit and limit market's upside.
RTTNews | hace 7h 59min
FTSE 100 Advances Despite Weak GDP Data

FTSE 100 Advances Despite Weak GDP Data

Despite data showing an unexpected contraction in the nation's GDP in the month of January, U.K. stocks are up in positive territory on Friday, tracking cues from other major European markets. Bank and mining stocks are among the prominent gainers.
RTTNews | hace 8h 36min
BMW Q4 Results Down, Cuts Dividend; Sees Flat Earnings, Higher Volume In FY25

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German luxury automaker BMW Group reported Friday lower profit and revenues in its fourth quarter hit mainly by weak Automotive deliveries, despite growth in Rolls-Royce. The company also trimmed its dividend, and issued fiscal 2025 outlook, expecting stable Group earnings before taxes, but slight growth in sales volume amid continuing subdued demand in the Chinese market.
RTTNews | hace 8h 56min
Pound Slides On Weak UK GDP Data

Pound Slides On Weak UK GDP Data

The British pound weakened against most major currencies in the European session on Friday, after U.K. economy logged an unexpected contraction at the start of the year on a sharp fall in production.
RTTNews | hace 9h 5min
CAC Moderately Higher In Cautious Trade

CAC Moderately Higher In Cautious Trade

French stocks are up in positive territory a little past noon on Friday, led by gains financials and luxury sectors. The mood remains cautious amid escalating trade war tensions. Slight optimism about a ceasefire in Ukraine is aiding sentiment.
RTTNews | hace 9h 22min