Txnm Energy Inc Reports Results For The Quarter Ended December 31: Earnings Summary

TXNM Energy

21/02/2025 14:31

* TXNM Energy Inc  TXNM.N  reported quarterly adjusted
earnings of
30 cents​​ per share for the quarter ended December 31, higher
than the same quarter last year, when the company reported EPS
of 18 cents.  The mean expectation of eight analysts for the
quarter was for earnings of 32 cents per share. Wall Street
expected results to range from 29 cents to 48 cents per share.
    * Revenue rose 15.7% to $476.96 million from a year ago;
analysts
expected $546.36 million. 
    * TXNM Energy Inc's reported EPS for the quarter was 17
cents​.
    * TXNM Energy Inc shares had risen by 4.6% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 7.1%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the electric
utilities
peer group is also "buy"

Wall Street's median 12-month price target for TXNM Energy Inc
is $53.00 
This summary was machine generated from LSEG data February 21 at
02:30 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.32           0.30           Missed
 Sep. 30 2024      1.41           1.43           Beat
 Jun. 30 2024      0.55           0.60           Beat
 Mar. 31 2024      0.40           0.41           Beat