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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
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.
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FTSE 100 Moves In Tight Band; Fresnillo Down Sharply
UK stocks are moving in a tight range on Monday with investors mostly making cautious moves, looking ahead to the monetary policy meetings of the Federal Reserve, the European Central Bank and the Bank of Japan.
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French Stocks Turning In Mixed Performance; CAC Up Marginally
After a slightly positive start and a subsequent drop, France's CAC 40 has edged up a bit on Monday with investors digesting earnings updates and the regional economic data, and looking ahead to the monetary policy announcements from the European Central Bank and the Federal Reserve this week.
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DAX Up Slightly; Porsche Up After Smaller Than Expected Drop In Earnings
The German market is up slightly on Monday amid optimism about easing U.S.-China trade tensions following negotiators from the two nations reaching a preliminary trade framework.
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Eurozone Household Lending Growth Fastest Since 2023
Lending to euro area households increased at the fastest pace since March 2023 but lending to businesses softened amid rising risks to economic growth. Adjusted loans to households grew 2.6 percent year-on-year in September, following a 2.5 percent rise in August, data from the European Central Bank showed on Monday. This was the fastest growth since March 2023.
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Sensex, Nifty Climb On Fed Rate Cut Hopes, Easing US-China Tensions
Indian shares rose notably on Monday as softer-than-expected U.S. inflation report raised hopes of additional Federal Reserve rate cuts in 2025 and reports suggested that the United States and China were closing in on a trade deal.
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European Shares Little Changed; German Ifo Survey Data Awaited
European stocks hovered near record levels on Monday, driven by optimism about easing U.S.-China trade tensions.
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Asian Shares Rally As US-China Tensions Ease
Asian stocks advanced on Monday as softer-than-expected U.S. inflation report raised hopes of Federal Reserve rate cuts and reports suggested that the United States and China were closing in on a trade deal.
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