secwatch.observer — SEC 8-K summary
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Issuer:     TXNM ENERGY INC (TXNM)
CIK:        0001108426
Form:       8-K
Filed at:   2022-11-04T23:59:59+00:00
Accession:  0001108426-22-000063
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1108426/000110842622000063/0001108426-22-000063-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/22767/000110842622000063/pnm-20221104.htm
  HTML page:      https://secwatch.observer/filing/0001108426-22-000063

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