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

TXNM Energy Inc TXNM.N reported quarterly adjusted earnings of 19 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 41 cents.  The mean expectation of eight analysts for the quarter was for earnings of 20 cents per share. Wall Street expected results to range from 19 cents to 20 cents per share.

Revenue rose 10.5% to $482.79 million from a year ago; analysts expected $436.82 million.

TXNM Energy Inc's reported EPS for the quarter was 10 cents​.

TXNM Energy Inc shares had fallen by 1.5% this quarter and gained 7.1% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 58.4% in the last three months.​

In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 2 "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 $57.00

This summary was machine generated from LSEG data May 9 at 01:32 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 20250.200.19Missed
Dec. 31 20240.320.30Missed
Sep. 30 20241.411.43Beat
Jun. 30 20240.550.60Beat

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