PNM Resources' Q2 Earnings, Revenue Rise; Maintains 2024 Profit Guidance

MT Newswires Live

Jul 31, 2024

PNM Resources (PNM) reported Q2 ongoing earnings Wednesday of $0.60 per diluted share, up from $0.55 a year earlier.

Analysts surveyed by Capital IQ expected $0.55.

Electric operating revenue for the quarter ended June 30 was $488.1 million, up from $477.2 million a year earlier.

Two analysts polled by Capital IQ expected $481 million.

The company said it has maintained its guidance for 2024 ongoing earnings per share of $2.65 to $2.75. Analysts polled by Capital IQ expect $2.71.

Price: 41.65, Change: -0.01, Percent Change: -0.02

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Analysts polled by Capital IQ expect $2.71.</p><p>Price: 41.65, Change: -0.01, Percent Change: -0.02</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2455213297","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2455213297","pubTimestamp":1722433605,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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