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Sep 30, 2022
PNM Resources Q3 2022 Earnings Report
PNM Resources reported increased demand at TNMP, PNM and across the Western region, driven by strong third quarter results.
Key Takeaways
PNM Resources reported Q3 2022 GAAP earnings of $1.42 per diluted share and ongoing earnings of $1.46 per diluted share. The company raised its full-year 2022 consolidated ongoing earnings guidance range to $2.63 to $2.68 per diluted share.
Q3 2022 GAAP earnings were $1.42 per diluted share.
Q3 2022 ongoing earnings were $1.46 per diluted share.
2022 ongoing earnings guidance range raised to $2.63 - $2.68.
2023 ongoing earnings guidance range maintained at $2.60 - $2.75.
PNM Resources
PNM Resources
PNM Resources Revenue by Segment
Forward Guidance
Consolidated ongoing earnings guidance for 2023 was maintained at a range of $2.60 to $2.75 per diluted share.
Revenue & Expenses
Visualization of income flow from segment revenue to net income