PNM Resources reports 2022 GAAP EPS $1.97, ongoing EPS $2.69; narrows 2023 guidance to $2.65-$2.75

TXNM ENERGY INC

2022-FY EPS reported $1.97 revenue$2,249,555,000

GAAP diluted EPS $1.97 vs $2.27 in 2021; ongoing diluted EPS $2.69 vs $2.45.
PNM segment ongoing EPS $1.90; TNMP segment $1.07; Corporate & Other ($0.28).
2023 ongoing earnings guidance narrowed to $2.65-$2.75 per diluted share.
Merger with AVANGRID remains pending; appeal before New Mexico Supreme Court, no oral argument date set.
Consolidated operating revenues $2.2B in 2022; carbon-free generation portfolio reached 55%.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

TXNM ENERGY INC reported year ended December 31, 2022 results: EPS $1.97.

Period: year ended December 31, 2022
EPS: $1.97
Result: preliminary results

Exact text from the filing

2022 GAAP earnings of $1.97 per diluted share • 2022 ongoing earnings of $2.69 per diluted share • 2023 ongoing earnings guidance range narrowed to $2.65 - $2.75

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TXNM ENERGY INC filing history →

Source: SEC EDGAR

accession 0001108426-23-000002

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