PNM Resources Q3 GAAP EPS $0.44, ongoing EPS $1.54; guides 2023 ongoing $2.75-$2.80

TXNM ENERGY INC

2023-Q3 EPS reported $1.60 revenue$1,527,084,000

GAAP diluted EPS $0.44 includes $115M one-time San Juan rate credit charge; ongoing diluted EPS $1.54 vs $1.46 YoY.
2023 ongoing earnings guidance adjusted to $2.75-$2.80 per share; YTD ongoing EPS $2.65 implies weak Q4.
PNM segment ongoing EPS $1.19 on higher customer usage; TNMP $0.46; Corporate & Other ($0.11).
Merger with Avangrid appeal pending at NM Supreme Court; agreement extended through Dec 31, 2023.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

TXNM ENERGY INC reported financial results for three and nine months ended September 30, 2023.

Period: three and nine months ended September 30, 2023
Result: reported results

Exact text from the filing

On October 27, 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 nine months ended September 30, 2023.

View on SEC.gov

44 earnings releases filed in the last 30 days. Browse all earnings releases →

TXNM ENERGY INC filing history →

Source: SEC EDGAR

accession 0001108426-23-000056

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.