06:57 AM EDT, 10/31/2025 (MT Newswires) -- TXNM Energy ( TXNM ) reported Q3 ongoing earnings Friday of $1.33 per diluted share, compared with $1.43 a year earlier.

Three analysts polled by FactSet expected $1.52.

Electric operating revenue for the quarter ended Sept. 30 was $647.2 million, compared with $569.3 million a year earlier. Two analysts surveyed by FactSet expected $628.8 million.

TXNM Energy ( TXNM ) again said it's not affirming its outlook for 2025 and doesn't plan to issue revised earnings guidance because of the pending transaction with Blackstone Infrastructure. In May, affiliates of Blackstone Infrastructure agreed to purchase TXNM Energy ( TXNM ) for $61.25 per share. The deal is expected to be closed in the second half of 2026.