---
schema_version: "secwatch.filing_event.v1"
accession: "0001108426-23-000046"
form_type: "8-K"
ticker: "TXNM"
cik: "0001108426"
company_name: "TXNM ENERGY INC"
filed_at: "2023-08-04T23:59:59+00:00"
generated_at: "2026-06-12T05:37:18.796097+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# PNM Resources Q2 GAAP EPS $0.53 vs $0.18 YoY; affirms 2023 guidance; merger extended to Dec 31

## Summary
- Q2 GAAP diluted EPS $0.53 (vs $0.18 year ago); ongoing EPS $0.55 (vs $0.57).
- Affirmed 2023 ongoing EPS guidance range of $2.65 to $2.75.
- Merger with Avangrid extended through Dec 31, 2023; N.M. Supreme Court oral arguments set for Sept 15.
- PNM segment GAAP EPS $0.36 vs ($0.07); TNMP $0.29 vs $0.30; Corporate & Other ($0.12) vs ($0.05).
- GAAP net earnings attributable to PNM Resources $45.3M in Q2 vs $15.4M.

## SEC filing metadata
- accession: 0001108426-23-000046
- form_type: 8-K
- ticker: TXNM
- cik: 0001108426
- company_name: TXNM ENERGY INC
- filed_at: 2023-08-04T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1108426/000110842623000046/0001108426-23-000046-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/22767/000110842623000046/pnm-20230804.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001108426-23-000046
- JSON: https://secwatch.observer/filing/0001108426-23-000046.json
- Plain text: https://secwatch.observer/filing/0001108426-23-000046.txt

## Key facts
- Earnings Releases
  TXNM ENERGY INC reported Q2 2023 results: net income GAAP net earnings attributable to PNM Resources $45.3, EPS GAAP diluted EPS $0.53. Guidance reaffirmed.
  - Period: Q2 2023
  - Net income: GAAP net earnings attributable to PNM Resources $45.3
  - EPS: GAAP diluted EPS $0.53
  - Guidance: reaffirmed
  - Result: reported results
  source text: On August 4, 2023, PNM Resources, Inc., Public Service Company of New Mexico, and Texas-New Mexico Power Company (collectively, the “Company”) issued a press release announcing results of operations for the three and six months ended June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1108426/000110842623000046/0001108426-23-000046-index.htm

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