PNM Resources (PNM) Beats Q2 Earnings Estimates [Yahoo! Finance]
PNM Resources, Inc. (Holding Co.) (PNM)
Last pnm resources, inc. (holding co.) earnings: 2/28 06:30 am
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Source: Yahoo! Finance
This compares to earnings of $0.55 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 9.09%. A quarter ago, it was expected that this power company would post earnings of $0.68 per share when it actually produced earnings of $0.41, delivering a surprise of -39.71%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. PNM Resources , which belongs to the Zacks Utility - Electric Power industry, posted revenues of $488.1 million for the quarter ended June 2024, missing the Zacks Consensus Estimate by 3.72%. This compares to year-ago revenues of $477.16 million. The company has not been able to beat consensus revenue estimates over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. PNM Resour
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