Pinnacle West Capital Corporation reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 1,061.67 million compared to USD 1,000.25 million a year ago. Net income was USD 164.31 million compared to USD 215.7 million a year ago. Basic earnings per share from continuing operations was USD 1.45 compared to USD 1.91 a year ago. Diluted earnings per share from continuing operations was USD 1.45 compared to USD 1.91 a year ago.
For the six months, sales was USD 1,845.2 million compared to USD 1,696.72 million a year ago. Net income was USD 181.27 million compared to USD 251.34 million a year ago. Basic earnings per share from continuing operations was USD 1.6 compared to USD 2.23 a year ago. Diluted earnings per share from continuing operations was USD 1.6 compared to USD 2.22 a year ago.