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Sep 30, 2024
PNM Resources Q3 2024 Earnings Report
TXNM Energy reported third quarter results with GAAP earnings of $1.45 per diluted share and ongoing earnings of $1.43 per diluted share, while also narrowing its 2024 ongoing earnings guidance.
Key Takeaways
TXNM Energy reported strong third quarter results, with GAAP earnings of $1.45 per diluted share and ongoing earnings of $1.43 per diluted share. The company also narrowed its 2024 ongoing earnings guidance to a range of $2.70 to $2.75 per diluted share.
Third quarter GAAP earnings were $1.45 per diluted share.
Third quarter ongoing earnings were $1.43 per diluted share.
2024 ongoing earnings guidance range narrowed to $2.70 - $2.75.
Recent approval of PNM’s Grid Modernization Plan moves New Mexico forward with a focus on strategic investments benefiting customers.
Forward Guidance
Management narrowed its 2024 consolidated ongoing earnings guidance to a range of $2.70 to $2.75 per diluted share.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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