secwatch.observer — SEC 8-K summary
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Issuer:     TXNM ENERGY INC (TXNM)
CIK:        0001108426
Form:       8-K
Filed at:   2024-07-31T23:59:59+00:00
Accession:  0001108426-24-000066
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PNM Resources Q2 ongoing EPS $0.60 beats prior year; affirms FY2024 guidance $2.65-$2.75
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- Q2 2024 GAAP diluted EPS $0.53 (flat YoY); ongoing diluted EPS $0.60, up from $0.55.
- Affirmed 2024 ongoing EPS guidance range of $2.65-$2.75.
- PNM segment ongoing EPS $0.41; TNMP $0.33; Corporate & Other ($0.14).
- PNM Resources to change name to TXNM Energy; trading under TXNM ticker expected Aug 5.
- Net unrealized losses on investment securities of $5.6M in Q2 vs gains of $2.5M in prior year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1108426/000110842624000066/0001108426-24-000066-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/22767/000110842624000066/pnm-20240731.htm
  HTML page:      https://secwatch.observer/filing/0001108426-24-000066

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer