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0 -0.00369761709120783 -0.0131470829909613 -0.0213640098603121 0.0083538756505069 0.00794302930703934 0.0154752122706109 0.015338263489455
Stock impact report

PNM Resources (PNM) Q1 Earnings & Revenues Miss Estimates [Yahoo! Finance]

PNM Resources, Inc. (Holding Co.) (PNM) 
Last pnm resources, inc. (holding co.) earnings: 2/28 06:30 am Check Earnings Report
US:NYSE Investor Relations: pnmresources.com/investors.aspx
Company Research Source: Yahoo! Finance
PNM Resources PNM reported first-quarter 2024 earnings of 41 cents per share, which missed the Zacks Consensus Estimate of 68 cents by 39.7%. The bottom line also declined 25.4% from the prior-year quarter's level of 55 cents. Total Revenues The first-quarter revenues totaled $436.9 million, which missed the Zacks Consensus Estimate of $589 million by 25.8%. The top line also decreased 19.7% from $544.1 million reported in the year-ago quarter. PNM Resources, Inc. Price, Consensus and EPS Surprise PNM Resources, Inc. price-consensus-eps-surprise-chart | PNM Resources, Inc. Quote Segmental Details PNM reported earnings of 38 cents per share compared with 55 cents in the year-ago quarter. This was due to higher demand charges from battery storage contracts, new depreciation rates implemented as part of new retail rates and depreciation expenses associated with new capital investments. TNMP recorded earnings of 16 cents per share, up 45.4% from the prior-year quarter's fig Show less Read more
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