earnings
confidence high
sentiment negative
materiality 0.65
TXNM Energy Q1 GAAP EPS $0.10 vs $0.52 YoY; ongoing EPS $0.19 vs $0.41; FY guidance reaffirmed $2.74-2.84
TXNM ENERGY INC
2025-Q1 EPS reported
$0.10
revenue$482,792,000
- GAAP net earnings $8.9M ($0.10/diluted), down from $47.2M ($0.52) in Q1 2024.
- Ongoing net earnings $18.1M ($0.19/diluted), down from $37.0M ($0.41) YoY.
- Segments: PNM GAAP EPS $0.01 (prior $0.46); TNMP $0.24 (prior $0.16); Corporate & Other -$0.15.
- FY 2025 ongoing EPS guidance reaffirmed at $2.74-$2.84; long-term growth target 7-9%.
- Impact of $8.2M net unrealized investment losses (vs $12.2M gains in Q1 2024).