Business Context and Reporting Period
This Form 8-K is a current report filed by Pinnacle West Capital Corporation and its subsidiary Arizona Public Service Company on August 3, 2022. The filing serves to disseminate financial results and regulatory disclosures for the fiscal quarter ended June 30, 2022.
Key Financial Metrics
The filing text itself does not contain specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are referenced as being contained within the attached exhibits:
- Exhibit 99.1: Earnings News Release issued on August 3, 2022.
- Exhibit 99.2: Slide presentation containing operating results, a quarterly consolidated statistical summary, and earnings outlook.
Investors must refer to these attached documents for specific financial data.
Material Changes
The filing does not explicitly detail material changes versus the prior comparable period within the body text. It directs readers to the attached earnings news release and slide presentation for a comparison of operating results and statistical summaries.
Guidance, Outlook, and Management Commentary
Management has provided an earnings outlook for 2022 as part of the slide presentation (Exhibit 99.2) accompanying the quarterly earnings conference call held on August 3, 2022. The filing also notes that this presentation is concurrently posted to the company's website.
Important Facts for Investor Verification
- Verify the specific revenue and earnings figures in Exhibit 99.1 (Earnings News Release).
- Review the 2022 earnings outlook and consolidated statistical summary in Exhibit 99.2 (Slide Presentation).
- Confirm the filing date of August 3, 2022 aligns with the fiscal quarter end of June 30, 2022.
- Note that the report is jointly filed by both Pinnacle West Capital Corporation and Arizona Public Service Company.