Although Pinnacle West Capital has underperformed compared to the broader market and its peers over the past year, Wall Street analysts remain moderately optimistic about the stock’s prospects.
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Pinnacle West Capital is gearing up to release its third-quarter earnings next month, and analysts expect a double-digit profit dip.
Despite Pinnacle West Capital’s underperformance relative to the Dow Jones over the past year, Wall Street analysts remain moderately optimistic about the stock’s prospects.
Pinnacle West Capital has significantly underperformed the broader market this year, but Wall Street analysts are moderately bullish about the stock’s prospects.
Pinnacle West Capital is anticipated to release its Q2 earnings results next month, and analysts project a double-digit EPS growth.
The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.11%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.30%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.35%. Stocks on Monday...