PNM Resources (NYSE:PNM) reported its Q1 earnings results on Friday, May 5, 2023 at 06:30 AM.
Here’s what investors need to know about the announcement.
Earnings
PNM Resources beat estimated earnings by 25.0%, reporting an EPS of $0.55 versus an estimate of $0.44.
Revenue was up $99.96 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.01 which was followed by a 0.04% increase in the share price the next day.
Here’s a look at PNM Resources’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.16 | 1.33 | 0.53 | 0.39 |
| EPS Actual | 0.15 | 1.46 | 0.57 | 0.50 |
| Revenue Estimate | 244.99M | 542.39M | 445.36M | 382.37M |
| Revenue Actual | 575.82M | 729.89M | 499.73M | 444.12M |
To track all earnings releases for PNM Resources visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
