Txnm Energy Inc Expected To Post Earnings Of $1.41 A Share: Earnings Preview

TXNM Energy

30/10/2024 16:44

* TXNM Energy Inc  TXNM.N   TXNM.K  is expected to show a
rise in
quarterly revenue when it reports  results on November 1 for the
period ending September 30 2024
    * The Albuquerque New Mexico-based  company is expected to
report
a 16.4% increase in revenue to $588.88 million from $505.85
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for TXNM Energy Inc is for
earnings of $1.41 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for TXNM Energy
Inc
is 46.00​, above​ its last closing price of $43.50. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.56        0.55       0.60      Beat    8.4
 Mar. 31 2024  0.38        0.40       0.41      Beat    3.4
 Dec. 31 2023  0.15        0.15       0.18      Beat    22.7​
 Jan. 1 0001   1.43        1.38       1.54      Beat    11.7
 ​​Jan.        0.56        0.56       0.55      Missed  -1.8
 1 0001                                                 
 Mar. 31 2023  0.41        0.44       0.55      Beat    26.1​
 Dec. 31 2022  0.14        0.16       0.15      Missed  -6.2
 Jan. 1 0001   1.36        1.33       1.46      Beat    9.4
 This summary was machine generated October 30 at 16:44 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)