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PNM Resources' Q2 Earnings, Revenue Rise; Maintains 2024 Profit Guidance
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PNM Resources' Q2 Earnings, Revenue Rise; Maintains 2024 Profit Guidance
Jul 31, 2024 7:17 AM

09:46 AM EDT, 07/31/2024 (MT Newswires) -- 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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