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.