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 May 4, 2022. The filing serves to disseminate financial results and operational data for the fiscal quarter ended March 31, 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 May 4, 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 figures.
Material Changes
The filing does not explicitly detail material changes versus the prior comparable period within the body text. It indicates that such comparative data is included in the attached earnings news release and slide presentation.
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 May 4, 2022. The filing confirms that this presentation is concurrently posted to the company's website.
Investor Verification Checklist
- Review Exhibit 99.1 for the official earnings news release to obtain specific Q1 2022 financial results.
- Access Exhibit 99.2 to verify the 2022 earnings outlook and consolidated statistical summary.
- Confirm the filing date of May 4, 2022, aligns with the release of the Q1 2022 results.
- Note that this filing covers both Pinnacle West Capital Corporation and Arizona Public Service Company.