NYSE:PNM

PNM Resources (PNM) Earnings Date, Estimates & Call Transcripts

$44.37

-0.20 (-0.45%)

(As of 08/9/2023 ET)

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Today's Range: $44.34
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$44.57
50-Day Range: $44.25
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$46.67
52-Week Range: $44.03
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$49.60

Volume: 471,041 shs
Average Volume: 582,733 shs
Market Capitalization: $3.81 billion

P/E Ratio: 16.02
Dividend Yield: 3.31%
Price Target: $51.10

Upcoming Earnings Date: Nov. 3Estimated
Actual EPS (Aug. 4): $0.55 Missed By -$0.01
Consensus EPS (Aug. 4): $0.56

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Earnings Per Share Revenue

PNM Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

PNM Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

PNM Resources Analyst Forecasts

Current Year EPS Consensus Estimate:$2.71 EPS
Next Year EPS Consensus Estimate: $2.89 EPS

PNM Earnings Date and Information

PNM Resources last issued its quarterly earnings data on August 4th, 2023. The utilities provider reported $0.55 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.56 by $0.01. The firm had revenue of $477.20 million for the quarter, compared to analyst estimates of $446.75 million. Its revenue for the quarter was down 4.5% compared to the same quarter last year. PNM Resources has generated $2.77 earnings per share over the last year ($2.77 diluted earnings per share) and currently has a price-to-earnings ratio of 16.0. Earnings for PNM Resources are expected to grow by 6.64% in the coming year, from $2.71 to $2.89 per share. PNM Resources has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Friday, November 3rd, 2023 based off prior year's report dates.

PNM Resources Earnings History by Quarter

Time Frame

Start Date

End Date

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Date	Quarter	Consensus Estimate	Reported EPS	Beat/Miss	GAAP EPS	Revenue Estimate	Actual Revenue
11/3/2023 Estimated)	-	-	-	-	-	-	-
8/4/2023	Q2 2023	$0.56	$0.55	($0.01)	$0.57	$446.75 million	$477.20 million
5/5/2023	Q1 2023	$0.39	$0.55	+$0.16	$0.46	$460.14 million	$544.00 million
2/24/2023	Q4 2022	$0.14	$0.15	+$0.01	$0.12	$244.99 million	$575.82 million
11/4/2022	Q3 2022	$1.29	$1.46	+$0.17	$1.50	-	$729.89 million
8/4/2022	Q2 2022	$0.55	$0.57	+$0.02	$0.96	$445.36 million	$499.70 million
4/28/2022	Q1 2022	$0.45	$0.50	+$0.05	$0.81	$382.37 million	$444.12 million
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3/1/2022	Q4 2021	$0.15	$0.21	+$0.06	$0.29	-	$434.08 million
2/3/2022	Q4 2021	$0.16	$0.21	+$0.05	-	-	-
10/28/2021	Q3 2021	$1.20	$1.37	+$0.17	$1.42	$754.53 million	$554.50 million
7/30/2021	Q2 2021	$0.46	$0.55	+$0.09	$0.48	$345.08 million	$426.54 million
4/30/2021	Q1 2021	$0.19	$0.32	+$0.13	$0.44	$388.27 million	$364.70 million
2/26/2021	Q4 2020	$0.15	$0.15	-	$0.19	$357.86 million	$359.28 million
10/30/2020	Q3 2020	$1.29	$1.40	+$0.11	$1.28	$522.07 million	$472.50 million

PNM Resources Earnings - Frequently Asked Questions

When is PNM Resources's earnings date?: PNM Resources has not confirmed its next earnings publication date, but the company's estimated earnings date is Friday, November 3rd, 2023 based off last year's report dates. Learn more on PNM's earnings history.
Did PNM Resources beat their earnings estimates last quarter?: In the previous quarter, PNM Resources (NYSE:PNM) missed the analysts' consensus estimate of $0.56 by $0.01 with a reported earnings per share (EPS) of $0.55. Learn more on analysts' earnings estimate vs. PNM's actual earnings.
How can I listen to PNM Resources's earnings conference call?: The conference call for PNM Resources's latest earnings report can be listened to online. Listen to Conference Call
How can I read PNM Resources's conference call transcript?: The conference call transcript for PNM Resources's latest earnings report can be read online. Read Transcript

How much revenue does PNM Resources generate each year?: PNM Resources (NYSE:PNM) has a recorded annual revenue of $2.25 billion.
How much profit does PNM Resources generate each year?: PNM Resources (NYSE:PNM) has a recorded net income of $170.06 million. PNM has generated $2.77 earnings per share over the last four quarters.
What is PNM Resources's price-to-earnings ratio?: PNM Resources (NYSE:PNM) has a trailing price-to-earnings ratio of 16.02 and a forward price-to-earnings ratio of 16.37. The price/earnings-to-growth ratio is 3.67.
What is PNM Resources's EPS forecast for next year?: PNM Resources's earnings are expected to grow from $2.71 per share to $2.89 per share in the next year, which is a 6.64% increase.

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This page (NYSE:PNM) was last updated on 8/10/2023 by MarketBeat.com Staff

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PNM Resources (PNM) Earnings Date, Estimates & Call Transcripts

PNM Earnings Estimates and Actuals by Quarter

PNM Estimated and Actual Revenue by Quarter

PNM Resources Analyst Forecasts

PNM Earnings Date and Information

PNM Resources Earnings History by Quarter

PNM Resources Earnings - Frequently Asked Questions

More Earnings Resources from MarketBeat

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PNM Resources (PNM) Earnings Date, Estimates & Call Transcripts

Earnings Summary

PNM Earnings Estimates and Actuals by Quarter

PNM Estimated and Actual Revenue by Quarter

PNM Resources Analyst Forecasts

PNM Earnings Date and Information

PNM Resources Earnings History by Quarter

PNM Resources Earnings - Frequently Asked Questions

More Earnings Resources from MarketBeat