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Mar 31, 2022
PNM Resources Q1 2022 Earnings Report
PNM Resources reported a strong start to the year, executing its business plan to invest in critical infrastructure and deliver clean energy.
Key Takeaways
PNM Resources reported first quarter GAAP earnings of $0.19 per diluted share and ongoing earnings of $0.50 per diluted share. Management affirmed its 2022 consolidated ongoing earnings guidance of $2.50 to $2.60 per diluted share and its 2023 consolidated ongoing earnings guidance of $2.60 to $2.75 per diluted share.
First Quarter GAAP earnings of $0.19 per diluted share
First Quarter ongoing earnings of $0.50 per diluted share
Affirmed ongoing earnings guidance ranges of $2.50 - $2.60 for 2022
Affirmed ongoing earnings guidance ranges of $2.60 - $2.75 for 2023
Forward Guidance
Management affirmed its 2022 consolidated ongoing earnings guidance of $2.50 to $2.60 per diluted share and its 2023 consolidated ongoing earnings guidance of $2.60 to $2.75 per diluted share.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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