NYSE$TXNM
TXNM Energy Inc · Q1 2020 earnings
Q1 2020 earnings · · Investor relations
Briefing
PNM Resources' first quarter results were released, showing the early stages of COVID-19 impacts.
PNM Resources reported GAAP net earnings attributable to PNM Resources of ($15.3) million, or ($0.19) per diluted share, compared to $18.7 million, or $0.23 per diluted share in Q1 2019. Ongoing net earnings were $14.2 million, or $0.18 per diluted share, compared to $9.0 million, or $0.11 per diluted share in Q1 2019. Management affirmed its 2020 consolidated ongoing earnings guidance of $2.16 to $2.26 per diluted share.
- PNM total weather-normalized retail load grew 1.1% in March 2020 compared to the prior year.
- At TNMP, weather-normalized demand-based load increased 3.8% in March 2020 compared to the prior year.
- PNM Resources consolidated liquidity remains adequate for its anticipated financing needs, with $818.9 million of available liquidity at April 10, 2020.
- On April 1, 2020, the New Mexico Public Regulation Commission approved PNM’s application for abandonment and securitization of the San Juan Generating Station.
Headline financials
Revenue & EPS history
PNM Resources · Revenue · Quarterly
$334M
Revenue by segment
PNM Resources · $122M total across 3 segments · Q3 2022
- PNM$97.5M—79.6%
- TNMP$31.4M—25.7%
- Corporate and Other-$6.47M—-5.3%
Forward guidance
Management affirmed its 2020 consolidated ongoing earnings guidance of $2.16 to $2.26 per diluted share.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2020
+0.4%
Avg return
Earnings day
+0.0%
Avg return
5 days after
+1.1%
Avg return
30 days after
54%
37 / 68 earnings
Positive
+9.2%
Q4 2010
Best reaction
-4.2%
Q1 2014
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.3% | +0.2% | +0.4% | |
| Q4 2025 | -0.2% | -0.3% | -1.4% | |
| Q3 2025 | +0.1% | +0.2% | +2.9% | |
| Q1 2025 | +0.5% | +0.8% | +7.7% | |
| Q4 2024 | +3.3% | +0.5% | +5.0% | |
| Q3 2024 | -2.3% | +3.3% | +12.7% | |
| Q2 2024 | +1.3% | -3.4% | -1.6% | |
| Q1 2024 | +0.9% | +1.9% | +0.8% | |
| Q4 2023 | +6.4% | +6.5% | +8.6% | |
| Q3 2023 | -2.8% | -3.6% | -4.0% | |
| Q2 2023 | +0.0% | -0.4% | -0.4% | |
| Q1 2023 | +1.2% | +0.4% | -2.5% | |
| Q4 2022 | -0.3% | -1.2% | -1.3% | |
| Q3 2022 | +0.1% | +1.1% | +4.6% | |
| Q2 2022 | -0.8% | -0.5% | -1.8% | |
| Q1 2022 | -2.3% | -3.6% | -0.6% | |
| Q4 2021 | -0.0% | +1.5% | +5.5% | |
| Q3 2021 | -0.1% | -2.7% | -0.3% | |
| Q2 2021 | +0.0% | -0.5% | +2.8% | |
| Q1 2021 | -0.1% | -0.3% | -0.9% | |
| Q4 2020 | -0.2% | -2.2% | +2.0% | |
| Q3 2020 | -0.0% | -0.0% | -1.5% | |
| Q2 2020 | -0.1% | +0.5% | +4.3% | |
| Q1 2020 | -3.3% | -7.2% | -23.2% | |
| Q4 2019 | -0.0% | +5.1% | -20.1% | |
| Q3 2019 | -3.3% | -5.8% | -7.1% | |
| Q2 2019 | -3.7% | -1.9% | +1.1% | |
| Q1 2019 | -2.4% | +1.2% | +5.1% | |
| Q4 2018 | -1.5% | +0.9% | +6.7% | |
| Q3 2018 | +4.4% | +4.2% | +10.3% | |
| Q2 2018 | +2.0% | +3.9% | +2.9% | |
| Q1 2018 | -0.1% | -1.9% | -0.3% | |
| Q4 2017 | -3.0% | -1.2% | +5.4% | |
| Q3 2017 | +1.8% | +0.8% | +5.6% | |
| Q2 2017 | +1.0% | +2.3% | +8.5% | |
| Q1 2017 | -2.0% | -2.5% | -0.1% | |
| Q4 2016 | +0.6% | +0.7% | +2.6% | |
| Q3 2016 | +3.6% | +0.8% | +3.9% | |
| Q2 2016 | +1.7% | +3.1% | -0.2% | |
| Q1 2016 | +2.9% | — | — | |
| Q4 2015 | -4.0% | — | — | |
| Q3 2015 | +1.2% | — | — | |
| Q2 2015 | +1.8% | — | — | |
| Q1 2015 | +0.6% | — | — | |
| Q4 2014 | -1.3% | — | — | |
| Q3 2014 | +1.8% | — | — | |
| Q2 2014 | -2.9% | — | — | |
| Q1 2014 | -4.2% | — | — | |
| Q4 2013 | +2.1% | — | — | |
| Q3 2013 | -0.8% | — | — | |
| Q2 2013 | +1.2% | — | — | |
| Q1 2013 | -0.8% | — | — | |
| Q4 2012 | +1.9% | — | — | |
| Q3 2012 | -3.0% | — | — | |
| Q2 2012 | -0.3% | — | — | |
| Q1 2012 | -1.4% | — | — | |
| Q4 2011 | +2.2% | — | — | |
| Q3 2011 | +1.0% | — | — | |
| Q2 2011 | +2.0% | — | — | |
| Q1 2010 | +1.6% | — | — | |
| Q1 2011 | -1.6% | — | — | |
| Q4 2008 | +9.2% | — | — | |
| Q4 2010 | +9.2% | — | — | |
| Q3 2009 | +2.2% | — | — | |
| Q3 2010 | +2.2% | — | — | |
| Q2 2010 | +0.4% | — | — | |
| Q2 2009 | +0.4% | — | — | |
| Q4 2009 | +0.4% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro