NYSE$TXNM
TXNM Energy Inc · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
PNM Resources reported mixed results for Q2 2024, with GAAP EPS remaining flat and ongoing EPS increasing slightly. The company affirmed its 2024 ongoing earnings guidance and announced a name change to TXNM Energy.
PNM Resources reported GAAP earnings of $0.53 per diluted share for the second quarter of 2024, the same as the second quarter of 2023. Ongoing earnings were $0.60 per diluted share, compared to $0.55 in the prior year. Management affirmed its 2024 consolidated ongoing earnings guidance of $2.65 to $2.75 per diluted share. The company also announced it is changing its name to TXNM Energy, expected to be effective August 5, 2024.
- Second quarter GAAP earnings were $0.53 per diluted share.
- Second quarter ongoing earnings were $0.60 per diluted share.
- Ongoing earnings guidance range of $2.65 - $2.75 was affirmed.
- Name change to TXNM Energy, trading under TXNM ticker is expected August 5, 2024.
Headline financials
Revenue & EPS history
PNM Resources · Revenue · Quarterly
$488M
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 2024 consolidated ongoing earnings guidance of $2.65 to $2.75 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 Q2 2024
+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% | — | — |
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