TXNM Energy reports 2024 ongoing EPS of $2.74, introduces 2025 guidance, raises long-term growth target to 7%-9%

TXNM ENERGY INC

2024-FY EPS reported $2.67 revenue$1,971,199,000

2024 GAAP diluted EPS $2.67; ongoing diluted EPS $2.74, achieving narrowed guidance for high end.
2025 ongoing EPS guidance $2.74–$2.84; five-year capital plan raised to $7.8B, a 26% increase.
Long-term EPS growth target increased to 7%–9% from prior plan; regulated rate base to grow 12%.
PNM ongoing EPS $2.16 (down from $2.22); TNMP ongoing EPS $1.15 (up from $1.11).
2023 GAAP EPS was $1.02 due to $242M regulatory disallowances; ongoing was $2.82.

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