06:59 AM EDT, 05/09/2025 (MT Newswires) -- TXNM Energy ( TXNM ) reported Q1 adjusted earnings Friday of $0.19 per share, down from $0.41 a year earlier.

Analysts surveyed by FactSet expected $0.20.

Operating revenue for the quarter ended March 31 was $482.8 million, up from $436.9 million a year earlier.

Three analysts surveyed by FactSet expected $436.8 million.

The company reaffirmed its full-year ongoing earnings guidance in the range of $2.74 to $2.84 per diluted share.

Analysts surveyed by FactSet expect $2.79.