---
schema_version: "secwatch.filing_event.v1"
accession: "0001108426-24-000036"
form_type: "8-K"
ticker: "TXNM"
cik: "0001108426"
company_name: "TXNM ENERGY INC"
filed_at: "2024-04-30T23:59:59+00:00"
generated_at: "2026-06-03T04:01:12.801415+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# PNM Resources Q1 2024 GAAP EPS $0.52 (down 19% YoY); affirms FY ongoing guidance $2.65-$2.75

## Summary
- Q1 2024 GAAP diluted EPS $0.52 (down from $0.64 in Q1 2023); ongoing diluted EPS $0.41 (down from $0.55).
- Affirmed 2024 ongoing earnings guidance range of $2.65-$2.75 per diluted share.
- PNM segment GAAP EPS $0.46 (down from $0.64); TNMP segment GAAP EPS $0.16 (up from $0.11).
- GAAP net earnings attributable to PNM Resources: $47.2M vs $55.0M in Q1 2023.
- CEO says first quarter results exceeded expectations, citing progress on strategic goals.

## SEC filing metadata
- accession: 0001108426-24-000036
- form_type: 8-K
- ticker: TXNM
- cik: 0001108426
- company_name: TXNM ENERGY INC
- filed_at: 2024-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1108426/000110842624000036/0001108426-24-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/22767/000110842624000036/pnm-20240430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001108426-24-000036
- JSON: https://secwatch.observer/filing/0001108426-24-000036.json
- Plain text: https://secwatch.observer/filing/0001108426-24-000036.txt

## Key facts
- Earnings Releases
  TXNM ENERGY INC reported first quarter 2024 results: net income GAAP net earnings attributable to PNM Resources $47.2, EPS $0.52 per diluted share.
  - Period: first quarter 2024
  - Net income: GAAP net earnings attributable to PNM Resources $47.2
  - EPS: $0.52 per diluted share
  - Result: reported results
  source text: PNM Resources Reports First Quarter 2024 Results 2024 Ongoing Earnings Guidance Affirmed • 2024 first quarter GAAP earnings of $0.52 per diluted share • 2024 first quarter ongoing earnings of $0.41 per diluted share • Affirmed ongoing earnings guidance range of $2.65 - $2.75
  evidence_url: https://www.sec.gov/Archives/edgar/data/1108426/000110842624000036/0001108426-24-000036-index.htm
- Earnings Releases
  TXNM ENERGY INC reported 2024 full year results: EPS $2.65 - $2.75 per diluted share. Guidance reaffirmed.
  - Period: 2024 full year
  - EPS: $2.65 - $2.75 per diluted share
  - Guidance: reaffirmed
  - Result: guidance update
  source text: Affirmed ongoing earnings guidance range of $2.65 - $2.75
  evidence_url: https://www.sec.gov/Archives/edgar/data/1108426/000110842624000036/0001108426-24-000036-index.htm

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