PNM - Earnings announcements

2024 GAAP earnings of $2.67 per diluted share, ongoing earnings of $2.74 per diluted share achieves guidance expectation2025 ongoing earnings guidance range introduced at $2.74 - $2.84 per diluted share reflects strong Texas growth, mid-year implementation of PNM customer rate phase-inIncreased long-term earnings per share growth target of 7% to 9%ALBUQUERQUE, N.M., Feb. 21, 2025 /PRNewswire/ -- TXNM Energy (NYSE:TXNM) today reported 2024 earnings results and refreshed its growth outlook, increasing its long-term earnings growth target to 7% to 9%. In addition, management announced 2025 consolidated ongoing earnings guidance of $2.74 to $2.84 per diluted share.

ALBUQUERQUE, N.M., Oct. 4, 2024 /PRNewswire/ -- TXNM Energy, Inc. will announce third quarter 2024 financial results prior to the market opening on Friday, November 1, 2024. Management will also host a live conference call at 11 a.m. Eastern Time to discuss financial results and other company updates. The press release and accompanying presentation materials for the conference call will be posted on the company website at www.TXNMEnergy.com. Investors and analysts can participate in the live conference call by pre-registering using the following link: https://dpregister.com/sr

2024 Ongoing Earnings Guidance Affirmed 2024 second quarter GAAP earnings of $0.53 per diluted share2024 second quarter ongoing earnings of $0.60 per diluted shareAffirmed ongoing earnings guidance range of $2.65 - $2.75Name change to TXNM Energy, trading under TXNM ticker expected August 5, 2024ALBUQUERQUE, N.M., July 31, 2024 /PRNewswire/ --                                                             PNM Resources (In millions, except EPS)   Q2 2024 Q2 2023 YTD 2024 YTD 2023 GAAP net earnings attributable to PNM Resources $48.0 $45.3 $95.2 $100.3 GAAP diluted EPS $0.53 $0.53

ALBUQUERQUE, N.M., July 8, 2024 /PRNewswire/ -- PNM Resources will announce second quarter 2024 financial results prior to the market opening on Wednesday, July 31, 2024. Management will also host a live conference call at 11 a.m. Eastern Time to discuss financial results and other company updates. The press release and accompanying presentation materials for the conference call will be posted on the company website at www.PNMResources.com. Investors and analysts can participate in the live conference call by pre-registering using the following link: https://dpregister.com/sre

2024 Ongoing Earnings Guidance Affirmed 2024 first quarter GAAP earnings of $0.52 per diluted share2024 first quarter ongoing earnings of $0.41 per diluted shareAffirmed ongoing earnings guidance range of $2.65 - $2.75ALBUQUERQUE, N.M., April 30, 2024 /PRNewswire/ --  PNM Resources (In millions, except EPS) Q1 2024 Q1 2023 GAAP net earnings attributable to PNM Resources $47.2 $55.0 GAAP diluted EPS $0.52 $0.64 Ongoing net earnings $37.0 $47.6 Ongoing diluted EPS $0.41 $0.55 PNM Resources (NYSE:PNM) today released its 2024 first quarter results. In addition, management affirmed

ALBUQUERQUE, N.M., April 4, 2024 /PRNewswire/ -- PNM Resources will announce first quarter 2024 financial results prior to the market opening on Tuesday, April 30, 2024. Management will also host a live conference call at 11 a.m. Eastern Time to discuss financial results and other company updates. The press release and accompanying presentation materials for the conference call will be posted on the company website at www.PNMResources.com. Investors and analysts can participate in the live conference call by pre-registering using the following link: https://dpregister.com/sreg

Conference call at 11 a.m. Eastern today 2023 GAAP earnings of $1.02 per diluted share2023 ongoing earnings of $2.82 per diluted share2024 ongoing earnings guidance range of $2.65 - $2.75 per diluted shareALBUQUERQUE, N.M., Feb. 6, 2024 /PRNewswire/ --  PNM Resources (In millions, except EPS) 2023 2022 GAAP net earnings attributable to PNM Resources $87.8 $169.5 GAAP diluted EPS $1.02 $1.97 Ongoing net earnings $243.5 $231.5 Ongoing diluted EPS $2.82 $2.69   PNM Resources (NYSE:PNM) today released its 2023 earnings results. GAAP earnings include one-time charges for rate credi

ALBUQUERQUE, N.M., Jan. 2, 2024 /PRNewswire/ -- PNM Resources (NYSE:PNM) announces the termination of its merger agreement with Avangrid. While the PNM Resources Board of Directors approved an extension, it was not accepted by Avangrid and Avangrid terminated the merger. "We are greatly disappointed with Avangrid's decision to terminate the merger agreement and its proposed benefits to our customers, communities and shareholders," said Pat Vincent-Collawn, PNM Resources Chairman and CEO. "As we move forward, our strategic plans remain focused on the infrastructure investments

ALBUQUERQUE, N.M., Oct. 6, 2023 /PRNewswire/ -- PNM Resources will announce third quarter 2023 financial results prior to the market opening on Friday, October 27, 2023. Management will also host a live conference call at 11 a.m. Eastern Time to discuss financial results and other company updates. The press release and accompanying presentation materials for the conference call will be posted on the company website at www.PNMResources.com. Investors and analysts can participate in the live conference call by pre-registering using the following link: https://dpregister.com/sreg

2023 Ongoing Earnings Guidance Affirmed 2023 second quarter GAAP earnings of $0.53 per diluted share2023 second quarter ongoing earnings of $0.55 per diluted shareAffirmed ongoing earnings guidance range of $2.65 - $2.75 for 2023ALBUQUERQUE, N.M., Aug. 4, 2023 /PRNewswire/ --                                                                  PNM Resources (In millions, except EPS) Q2 2023 Q2 2022 YTD 2023 YTD 2022 GAAP net earnings attributable  to PNM Resources $45.3 $15.4 $100.3 $31.4 GAAP diluted EPS $0.53 $0.18 $1.16 $0.36 Ongoing net earnings $47.4 $49.4 $95.1 $92.7 Ongoing

ALBUQUERQUE, N.M., July 10, 2023 /PRNewswire/ -- PNM Resources will announce second quarter 2023 financial results prior to the market opening on Friday, August 4, 2023. Management will also host a live conference call at 11 a.m. Eastern Time to discuss financial results and other company updates. The press release and accompanying presentation materials for the conference call will be posted on the company website at www.PNMResources.com. Investors and analysts can participate in the live conference call by pre-registering using the following link: https://dpregister.com/sreg

2023 Ongoing Earnings Guidance Affirmed 2023 first quarter GAAP earnings of $0.64 per diluted share2023 first quarter ongoing earnings of $0.55 per diluted shareAffirmed ongoing earnings guidance range of $2.65 - $2.75 for 2023ALBUQUERQUE, N.M., May 5, 2023 /PRNewswire/ -- PNM Resources (In millions, except EPS) Q1 2023 Q1 2022 GAAP net earnings attributable to PNM Resources $55.0 $16.0 GAAP diluted EPS $0.64 $0.19 Ongoing net earnings $47.6 $43.3 Ongoing diluted EPS $0.55 $0.50   PNM Resources (NYSE:PNM) today released its 2023 first quarter results. In addition, management a

ALBUQUERQUE, N.M., April 12, 2023 /PRNewswire/ -- PNM Resources (NYSE:PNM) Board of Directors affirmed its commitment to the merger with Avangrid, Inc. and has agreed to exercise the three-month extension of the merger agreement through July 20, 2023. Avangrid, Inc. has also agreed to exercise the extension. "Our merger with Avangrid remains the right path to achieve a clean energy future and deliver additional benefits to our customers and communities," said Pat Vincent-Collawn, PNM Resources Chairman and CEO. "As we continue to navigate the regulatory approval process in New

2023 Ongoing Earnings Guidance Narrowed 2022 GAAP earnings of $1.97 per diluted share2022 ongoing earnings of $2.69 per diluted share2023 ongoing earnings guidance range narrowed to $2.65 - $2.75ALBUQUERQUE, Feb. 24, 2023 /PRNewswire/ -- PNM Resources (In millions, except EPS) 2022 2021 GAAP net earnings attributable to PNM Resources $169.5 $195.8 GAAP diluted EPS $1.97 $2.27 Ongoing net earnings $231.5 $211.1 Ongoing diluted EPS $2.69 $2.45 PNM Resources (NYSE:PNM) today released its 2022 year-end results. In addition, management narrowed its consolidated ongoing earnings gui

ALBUQUERQUE, N.M., Jan. 27, 2023 /PRNewswire/ -- PNM Resources (NYSE:PNM) will announce 2022 year-end financial results prior to the market opening on Friday, February 24, 2023. Management will also host a live conference call at 11 a.m. Eastern Time to discuss financial results and other company updates. The press release and accompanying presentation materials for the conference call will be posted on the company website at www.PNMResources.com. Investors and analysts can participate in the live conference call by pre-registering using the following link: https://dpregister.

2022 Ongoing Earnings Guidance Raised 2022 third quarter GAAP earnings of $1.42 per diluted share 2022 third quarter ongoing earnings of $1.46 per diluted share2022 ongoing earnings guidance range raised to $2.63 - $2.682023 ongoing earnings guidance range maintained at $2.60 - $2.75ALBUQUERQUE, N.M.  , Nov. 4, 2022 /PRNewswire/ -- PNM Resources (In millions, except EPS) Q3 2022 Q3 2021 YTD 2022 YTD 2021 GAAP net earnings attributable to PNM Resources $122.4 $113.3 $153.8 $184.6 GAAP diluted EPS $1.42 $1.32 $1.78 $2.14 Ongoing net earnings $126.1 $118.0 $218.9 $193.3 Ongoing d

ALBUQUERQUE, N.M., Oct. 14, 2022 /PRNewswire/ -- PNM Resources (NYSE:PNM) will announce 2022 third quarter financial results prior to the market opening on Friday, November 4, 2022. Management will also host a live conference call at 11 a.m. Eastern Time to discuss financial results and other company updates. The press release and accompanying presentation materials for the conference call will be posted on the company website at www.PNMResources.com. Investors and analysts can participate in the live conference call by pre-registering using the following link: https://dpregis

2022 and 2023 Ongoing Earnings Guidance Affirmed 2022 Second Quarter GAAP earnings of $0.18 per diluted share, including unrealized losses on investment securities 2022 Second Quarter ongoing earnings of $0.57 per diluted shareAffirmed ongoing earnings guidance ranges of $2.50 - $2.60 for 2022 and $2.60 - $2.75 for 2023ALBUQUERQUE, N.M., Aug. 4, 2022 /PRNewswire/ --  PNM Resources (In millions, except EPS) Q2 2022 Q2 2021 YTD 2022 YTD 2021 GAAP net earnings attributableto PNM Resources $15.4 $53.7 $31.4 $71.3 GAAP diluted EPS $0.18 $0.62 $0.36 $0.83 Ongoing net earnings $49.4

ALBUQUERQUE, N.M., July 6, 2022 /PRNewswire/ -- PNM Resources (NYSE:PNM) will announce 2022 second quarter financial results prior to the market opening on Thursday, August 4, 2022. Management will also host a live conference call at 11 a.m. Eastern Time to discuss financial results and other company updates. The press release and accompanying presentation materials for the conference call will be posted on the company website at www.PNMResources.com. Investors and analysts can participate in the live conference call by pre-registering using the following link to receive a spe

2022 and 2023 Ongoing Earnings Guidance Affirmed 2022 First Quarter GAAP earnings of $0.19 per diluted share2022 First Quarter ongoing earnings of $0.50 per diluted shareAffirmed ongoing earnings guidance ranges of $2.50 - $2.60 for 2022 and $2.60 - $2.75 for 2023ALBUQUERQUE, N.M., April 28, 2022 /PRNewswire/ --   PNM Resources (In millions, except EPS) Q1 2022 Q1 2021 GAAP net earnings attributable to PNM Resources $16.0 $17.6 GAAP diluted EPS $0.19 $0.20 Ongoing net earnings $43.3 $27.8 Ongoing diluted EPS $0.50 $0.32   PNM Resources (NYSE:PNM) today released its 2022 first

ALBUQUERQUE, N.M., April 7, 2022 /PRNewswire/ -- PNM Resources (NYSE:PNM) will announce 2022 first quarter financial results prior to the market opening on Thursday, April 28, 2022. Management will also host a live conference call at 11 a.m. Eastern Time to discuss financial results and other company updates. The press release and accompanying presentation materials for the conference call will be posted on the company website at www.PNMResources.com. Investors and analysts can participate in the live conference call by pre-registering using the following link to receive a spe

ALBUQUERQUE, N.M., Feb. 3, 2022 /PRNewswire/ -- 2021 preliminary GAAP earnings of $2.27 and ongoing earnings of $2.45 per diluted share Ongoing earnings guidance ranges of $2.50 - $2.60 for 2022 and $2.60 - $2.75 for 2023 Increased common stock dividend 6.1% to indicated annual rate of $1.39 per sharePRELIMINARY EARNINGS RESULTS AND GUIDANCE PNM Resources (In millions, except EPS) 2021 2020 GAAP net earnings attributable to PNM Resources $195.8 $172.8 GAAP diluted EPS $2.27 $2.15 Ongoing net earnings $211.1 $182.8 Ongoing diluted EPS $2.45 $2.28 PNM Resources (NYSE:PNM) today

ALBUQUERQUE, N.M., Jan. 3, 2022 /PRNewswire/ -- PNM Resources (NYSE:PNM) and Avangrid, Inc. have entered into an amendment of their merger agreement extending the end date to April 20, 2023. Additionally, the companies have filed a Notice of Appeal with the New Mexico Supreme Court of the December 2021 New Mexico Public Regulation Commission (NMPRC) order to reject a stipulated agreement reached with parties in the companies' application for approval of the merger. The merger received approval in 2021 from five federal agencies and the Public Utility Commission of Texas, leavi