---
schema_version: "secwatch.filing_event.v1"
accession: "0001108426-23-000002"
form_type: "8-K"
ticker: "TXNM"
cik: "0001108426"
company_name: "TXNM ENERGY INC"
filed_at: "2023-02-24T23:59:59+00:00"
generated_at: "2026-06-19T00:27:56.657196+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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%.

## SEC filing metadata
- accession: 0001108426-23-000002
- form_type: 8-K
- ticker: TXNM
- cik: 0001108426
- company_name: TXNM ENERGY INC
- filed_at: 2023-02-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1108426/000110842623000002/0001108426-23-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/22767/000110842623000002/pnm-20230224.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001108426-23-000002
- JSON: https://secwatch.observer/filing/0001108426-23-000002.json
- Plain text: https://secwatch.observer/filing/0001108426-23-000002.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1108426/000110842623000002/0001108426-23-000002-index.htm

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