secwatch.observer — SEC 8-K summary
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Issuer:     TXNM ENERGY INC (TXNM)
CIK:        0001108426
Form:       8-K
Filed at:   2025-02-21T23:59:59+00:00
Accession:  0001108426-25-000006
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1108426/000110842625000006/0001108426-25-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/22767/000110842625000006/pnm-20250221.htm
  HTML page:      https://secwatch.observer/filing/0001108426-25-000006

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