Free Trial

PNM Resources Q1 2023 Earnings Report

PNM Resources EPS Results

Actual EPS
$0.55
Consensus EPS
$0.39
Beat/Miss
Beat by +$0.16
One Year Ago EPS
$0.50

PNM Resources Revenue Results

Actual Revenue
$544.00 million
Expected Revenue
$460.14 million
Beat/Miss
Beat by +$83.86 million
YoY Revenue Growth
+22.50%

PNM Resources Announcement Details

Quarter
Q1 2023
Time
Before Market Opens

Conference Call Resources

Your chance to get on the next “60-Second Trade” (Ad)

Ever heard of the “60-Second Trade”? It’s a unique cash flow strategy that lets regular traders target anywhere from $100 to a couple of thousand in extra cash flow in as little as 7 days… In on Monday, out on Friday!

Just head over here!

PNM Resources Earnings Headlines

Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
See More PNM Resources Headlines
Get Earnings Announcements in your inbox

Want to stay updated on the latest earnings announcements and upcoming reports for companies like PNM Resources? Sign up for Earnings360's daily newsletter to receive timely earnings updates on PNM Resources and other key companies, straight to your email.

About PNM Resources

PNM Resources (NYSE:PNM), through its subsidiaries, provides electricity and electric services in the United States. It operates through Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP) segments. The PNM segment engages in the generation, transmission, and distribution of electricity. The segment owns and leases communications, office and other equipment, office space, vehicles, and real estate. It generates electricity using coal, natural gas and oil, and nuclear fuel and waste, as well as solar, wind, geothermal, and battery storage energy sources. The TNMP segment provides regulated transmission and distribution services. The segment also owns and leases vehicles, service facilities, and office locations throughout its service territory. The company serves residential, commercial, and industrial customers and end-users of electricity in New Mexico and Texas. PNM Resources, Inc. was founded in 1882 and is based in Albuquerque, New Mexico.

View PNM Resources Profile

More Earnings Resources from MarketBeat

Upcoming Earnings