Business Context and Reporting Period
Company: Pinnacle West Capital Corporation and Arizona Public Service Company (APS)
Filing Type: Form 8-K (Current Report)
Report Date: August 2, 2013
Reporting Period: Fiscal quarter ended June 30, 2013
This filing serves as a notification that the Company issued a press release regarding its financial results for the second quarter of 2013 and its earnings outlook for the full year. The filing includes a quarterly consolidated statistical summary and a slide presentation from the earnings conference call.
Key Financial Metrics
The provided text is a cover document for the Form 8-K and does not contain specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity.
Available Data: The filing references the existence of a "quarterly consolidated statistical summary" (Exhibit 99.2) which contains operating results for the three-month and six-month periods ended June 30, 2013, and 2012. However, the specific figures are not included in the text of this filing.
Material Changes
The filing text does not provide specific details on material changes versus the prior comparable period. It only indicates that such results and comparisons are contained within the attached exhibits (Exhibits 99.1, 99.2, and 99.3).
Guidance, Outlook, and Risks
Outlook: The Company issued an earnings outlook for the full year 2013, as referenced in the press release (Exhibit 99.1) and the slide presentation (Exhibit 99.3).
Risks and Contingencies: No specific risks, contingencies, or unusual items are detailed in the text of this Form 8-K. The filing directs readers to the attached exhibits and the Company's website for further details.
Investor Verification Checklist
- Review Exhibit 99.1 (Earnings News Release) for specific Q2 2013 revenue, net income, and earnings per share figures.
- Examine Exhibit 99.2 (Statistical Summary) for detailed comparisons between the three-month and six-month periods ended June 30, 2013, versus 2012.
- Consult Exhibit 99.3 (Slide Presentation) for management's full-year 2013 earnings guidance and operational highlights.
- Verify the Company's website (www.pinnaclewest.com) for the glossary of terms and concurrent posting of the summary and presentation.