Stock Under $10 with 50-100% upside potential - 14 Days FREE!

Pinnacle West Capital Corporation's CEO Discusses Q2 2012 Results - Earnings Call Transcript

Stock quotes in this article: PNW 

Pinnacle West Capital Corporation (PNW)

Q2 2012 Earnings Call

August 2, 2012, 12:00 p.m. ET

Executives



Becky Hickman - Director, IR

Don Brandt Chairman & CEO

Jim Hatfield – CFO

Jeff Guldner – SVP, Customers & Regulations

Analysts



Greg Gordon - ISI Group

Neil Mehta – Goldman Sachs

Shar Pourreza – Citigroup

Ali Agha – SunTrust

Brian Russo - Ladenburg Thalmann

Kevin Cole - Credit Suisse

Jim [inaudible] – UBS

Charles Fishman - Morningstar

Paul Patterson - Glenrock Associates

Presentation



Operator



Greetings, and welcome to the Pinnacle West Capital Corporation’s 2012 second quarter earnings conference call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. (Operator Instructions).

It is now my please to introduce your host, Ms. Rebecca Hickman, Director of Investor Relations. Thank you, Ms. Hickman, you may begin.

Becky Hickman



Thank you, LaTonya. I’d like to thank everyone for participating in this conference call and webcast to review our second quarter 2012 earnings, recent developments operating performance.

Our speakers today will be our Chairman and CEO, Don Brandt and our CFO Jim Hatfield. Jeff Guldner, who is our APS Senior Vice President of Customers and Regulations is also here with us.

Before I turn the call over to our speakers, I need to cover a few details with you. First, the slides to which we refer are available on our Investor Relations website along with our earnings release and related information. Please note that the slides contain reconciliations of certain non-GAAP financial information. Also, all of our references to per-share amounts will be after income taxes and based on diluted shares outstanding.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
TRY IT FREE

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
Dividend Stock Advisor
TRY IT FREE
New! $49.95/yr

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREE

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Real Money
TRY IT FREE

24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.

Product Features:
  • Jim Cramer + 20 Wall Street pros
  • Intraday commentary & news
  • Real-time trading forum
  • Actionable trade ideas
Real Money Pro
TRY IT FREE

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass + 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
TRY IT FREE

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 15,283.57 -10.93 -0.07%
NASDAQ 3,452.80 -6.62 -0.19%
S&P 500 1,647.89 -2.62 -0.16%
US 10 Yr 2.011% -0.012

Brokerage Partners

Advertising Partners
Special Features

Free Newsletters from TheStreet

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy. Manage Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs