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Dec 31, 2020
PNM Resources Q4 2020 Earnings Report
Released its 2020 year-end results and affirmed 2021 ongoing earnings guidance.
Key Takeaways
PNM Resources' fourth quarter results finished the year in line with expectations, demonstrating resilience and adaptability during the continued effects of the COVID-19 pandemic. The company reaffirmed its 2021 consolidated ongoing earnings guidance of $2.27 to $2.37 per diluted share.
2020 GAAP earnings of $2.15 per diluted share
2020 Ongoing earnings per share of $2.28 in line with expectations
Affirmed 2021 Ongoing earnings guidance range of $2.27 to $2.37 per diluted share
Shareholders approved the merger on February 12, 2021.
Forward Guidance
Management affirmed its 2021 consolidated ongoing earnings guidance of $2.27 to $2.37 per diluted share.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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