| PNW |
Report |
2Q26 diluted EPS |
BEAT |
pred ~$1.64 vs. cons $1.48 |
MEDIUM |
| PNW |
Report |
2Q26 operating revenue |
BEAT |
pred ~$1.46B vs. cons $1.42B |
MEDIUM |
| PNW |
Report |
2Q26 weather-normalized retail-sales growth |
BEAT |
pred ~6.5% vs. cons 5.0% |
MEDIUM |
| PNW |
Guide |
FY2026 weather-normalized EPS |
UNCHANGED |
guide ~$4.55-$4.75 vs. cons $4.73 (FY2026) |
HIGH |
| PNW |
Guide |
FY2026 weather-normalized retail-sales growth |
UNCHANGED |
guide ~4.0%-6.0% vs. cons 5.0% (FY2026) |
MEDIUM |
| PNW |
Guide |
FY2026 adjusted O&M expense |
UNCHANGED |
guide ~$1.02B-$1.04B vs. cons $1.03B (FY2026) |
MEDIUM |
| PNW |
Return |
Day-1 residual (stock − beta × S&P 500) |
+1.5% |
— |
MEDIUM |
| PNW |
Return |
5-day cumulative residual |
-0.8% (FADE) |
A weather- and volume-assisted EPS/revenue beat should initially help, but retaining a ~$4.55-$4.75 FY2026 EPS range versus ~$4.73 consensus leaves little out-period upside; investors will likely normalize the heat benefit and refocus on rate-case recovery, financing costs, and regulatory timing. |
MEDIUM |