secwatch.observer — SEC 8-K summary
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Issuer:     TXNM ENERGY INC (TXNM)
CIK:        0001108426
Form:       8-K
Filed at:   2023-05-05T23:59:59+00:00
Accession:  0001108426-23-000022
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PNM Resources Q1 ongoing EPS $0.55 beats $0.50 yoy; reaffirms 2023 guidance $2.65-$2.75
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- GAAP diluted EPS $0.64 vs $0.19 yoy; ongoing EPS $0.55 vs $0.50
- Affirmed 2023 ongoing earnings guidance of $2.65-$2.75 per diluted share
- Merger with AVANGRID extended to July 20, 2023; joint dismissal/remand request pending at NM Supreme Court
- PNM segment contributed $0.55 ongoing EPS; TNMP $0.11; Corporate & Other ($0.11)
- Selected adviser to sell NMRD joint venture; proceeds to fund regulated capex

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1108426/000110842623000022/0001108426-23-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/22767/000110842623000022/pnm-20230505.htm
  HTML page:      https://secwatch.observer/filing/0001108426-23-000022

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