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PNM Resources: Q2 Earnings Snapshot

PNM Resources: Q2 Earnings Snapshot

By AP News
Published - Jul 31, 2024, 08:44 AM ET
Last Updated - Jul 31, 2024, 08:45 AM EDT

ALBUQUERQUE, N.M. (AP) — ALBUQUERQUE, N.M. (AP) — PNM Resources Inc. (PNM) on Wednesday reported net income of $48.2 million in its second quarter.

The Albuquerque, New Mexico-based company said it had net income of 53 cents per share. Earnings, adjusted for non-recurring costs, came to 60 cents per share.

The power company posted revenue of $488.1 million in the period.

PNM Resources expects full-year earnings in the range of $2.65 to $2.75 per share.

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