BUZZ-Pinnacle West Capital rises after beating Q4 revenue estimates

Shares of utility firm Pinnacle West Capital PNW.N up 1.2% at $93.25

Co posts Q4 revenue of $1.09 billion, beating est of $1.04 billion - data compiled by LSEG

Co said its profits were helped by higher rates and more customer additions

However, company's Q4 net loss attributable to common shareholders widens to $6.8 million compared with a loss of $23,000 a year ago

PNW's largest subsidiary Arizona Public Service (APS) expects to add 9,805 megawatts of renewable power, battery storage and natural gas to the grid between 2025 and 2028

Company expects electricity sales to increase between 4% and 6% annually over the next three years

Including session's moves, shares up 9.52% YTD