---
schema_version: "secwatch.filing_event.v1"
accession: "0001108426-24-000094"
form_type: "8-K"
ticker: "TXNM"
cik: "0001108426"
company_name: "TXNM ENERGY INC"
filed_at: "2024-11-01T23:59:59+00:00"
generated_at: "2026-05-30T06:49:03.758531+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# TXNM Energy Q3 GAAP EPS $1.45, ongoing EPS $1.43; narrows FY2024 guidance to $2.70-$2.75

## Summary
- GAAP diluted EPS of $1.45 in Q3 2024 (vs $0.44 in Q3 2023), helped by prior-year $115M rate credit charge.
- Ongoing diluted EPS of $1.43 vs $1.54 YoY, driven lower by reduced transmission margins and higher depreciation.
- PNM segment ongoing EPS $1.18 vs $1.19; new retail rates offset by lower transmission margins and higher depreciation.
- TNMP ongoing EPS $0.39 vs $0.46; rate recovery gains were more than offset by weather, depreciation, and property taxes.
- 2024 ongoing earnings guidance narrowed to $2.70-$2.75 per diluted share.

## SEC filing metadata
- accession: 0001108426-24-000094
- form_type: 8-K
- ticker: TXNM
- cik: 0001108426
- company_name: TXNM ENERGY INC
- filed_at: 2024-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1108426/000110842624000094/0001108426-24-000094-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/22767/000110842624000094/pnm-20241101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001108426-24-000094
- JSON: https://secwatch.observer/filing/0001108426-24-000094.json
- Plain text: https://secwatch.observer/filing/0001108426-24-000094.txt

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