Txnm Energy Inc Reports Results For The Quarter Ended June 30: Earnings Summary

TXNM Energy

01/08/2025 12:56

TXNM Energy Inc TXNM.N reported quarterly adjusted earnings of 25 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 60 cents.  The mean expectation of five analysts for the quarter was for earnings of 41 cents per share. Wall Street expected results to range from 37 cents to 46 cents per share.

Revenue rose 2.9% to $502.42 million from a year ago; analysts expected $464.20 million.

TXNM Energy Inc's reported EPS for the quarter was 22 cents​.

The company reported quarterly net income of $21.58 million.

TXNM Energy Inc shares had risen by 0.8% this quarter and gained 15.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 10.6% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "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 $59.00, about 3.7% above its last closing price of $56.79

This summary was machine generated from LSEG data August 1 at 11:55 a.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
Jun. 30 2025
0.41
0.25
Missed
Mar. 31 2025
0.20
0.19
Missed
Dec. 31 2024
0.32
0.30
Missed
Sep. 30 2024
1.41
1.43
Beat