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TXNM Energy Q3 2024 Earnings Report

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$47.93 +0.22 (+0.46%)
(As of 12/20/2024 05:31 PM ET)

TXNM Energy EPS Results

Actual EPS
$1.43
Consensus EPS
$1.41
Beat/Miss
Beat by +$0.02
One Year Ago EPS
$1.54

TXNM Energy Revenue Results

Actual Revenue
$569.30 million
Expected Revenue
$588.88 million
Beat/Miss
Missed by -$19.58 million
YoY Revenue Growth
+12.50%

TXNM Energy Announcement Details

Quarter
Q3 2024
Time
Before Market Opens
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TXNM Energy Earnings Headlines

TXNM Energy (NYSE:TXNM) Price Target Raised to $52.00
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Comparing TXNM Energy (NYSE:TXNM) & NRG Energy (NYSE:NRG)
Citigroup Raises TXNM Energy (NYSE:TXNM) Price Target to $53.00
TXNM Energy price target raised to $52 from $46 at Scotiabank
See More TXNM Energy Headlines
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About TXNM Energy

TXNM Energy (NYSE:TXNM), 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. The company was formerly known as PNM Resources, Inc and changed its name to TXNM Energy, Inc. in August 2024. TXNM Energy, Inc. was founded in 1882 and is based in Albuquerque, New Mexico.

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