---
schema_version: "secwatch.filing_event.v1"
accession: "0001108426-22-000063"
form_type: "8-K"
ticker: "TXNM"
cik: "0001108426"
company_name: "TXNM ENERGY INC"
filed_at: "2022-11-04T23:59:59+00:00"
generated_at: "2026-06-22T06:32:45.015474+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# PNM Resources Q3 2022 ongoing EPS $1.46, raises 2022 guidance to $2.63-$2.68

## Summary
- GAAP diluted EPS $1.42, ongoing diluted EPS $1.46; net earnings $122.4M vs $113.3M YoY.
- PNM segment ongoing EPS $1.17, TNMP $0.36; driven by load growth and new customers.
- 2022 ongoing EPS guidance raised to $2.63-$2.68; 2023 guidance maintained at $2.60-$2.75.
- Merger with AVANGRID appeal pending before New Mexico Supreme Court; oral argument undated.
- San Juan Generating Station operations ended Q3, reducing coal to <10% of PNM generation capacity.

## SEC filing metadata
- accession: 0001108426-22-000063
- form_type: 8-K
- ticker: TXNM
- cik: 0001108426
- company_name: TXNM ENERGY INC
- filed_at: 2022-11-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1108426/000110842622000063/0001108426-22-000063-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/22767/000110842622000063/pnm-20221104.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001108426-22-000063
- JSON: https://secwatch.observer/filing/0001108426-22-000063.json
- Plain text: https://secwatch.observer/filing/0001108426-22-000063.txt

## Key facts
- Earnings Releases
  TXNM ENERGY INC reported Q3 2022 results: net income $122.4, EPS $1.42. Guidance raised.
  - Period: Q3 2022
  - Net income: $122.4
  - EPS: $1.42
  - Guidance: raised
  - Result: reported results
  source text: PNM Resources (In millions, except EPS) Q3 2022 Q3 2021 YTD 2022 YTD 2021 GAAP net earnings attributable to PNM Resources $122.4 $113.3 $153.8 $184.6 GAAP diluted EPS $1.42 $1.32 $1.78 $2.14
  evidence_url: https://www.sec.gov/Archives/edgar/data/1108426/000110842622000063/0001108426-22-000063-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.