secwatch.observer — SEC 8-K summary
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Issuer:     ARIZONA PUBLIC SERVICE CO (—)
CIK:        0000007286
Form:       8-K
Filed at:   2026-05-04T23:59:59+00:00
Accession:  0000764622-26-000026
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pinnacle West swings to Q1 profit of $32.9M ($0.27/share) vs year-ago loss; guidance maintained
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- Net income of $32.9M ($0.27 diluted) vs net loss of $4.6M (-$0.04) in Q1 2025, a $38M improvement.
- Customer growth 2.2%; weather-normalized sales up 9.4%; warmer winter boosted usage.
- Higher transmission revenues and lower O&M expenses drove results, partly offset by higher interest and depreciation.
- 2026 weather-normalized EPS guidance reaffirmed at $4.55–$4.75 per share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/7286/000076462226000026/0000764622-26-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/7286/000076462226000026/pnw-20260502.htm
  HTML page:      https://secwatch.observer/filing/0000764622-26-000026

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