Background: PNM Resources (NYSE: PNM) is an energy holding company based in Albuquerque, N.M., with 2023 consolidated operating revenues of $1.9 billion. Through its regulated utilities, PNM and TNMP, PNM Resources provides electricity to more than 800,000 homes and businesses in New Mexico and Texas. PNM serves its customers with a diverse mix of generation and purchased power resources totaling 3.3 gigawatts of installed capacity, with a goal to achieve 100% emissions-free energy by 2040. For more informa ...

It has been about a month since the last earnings report for PNM Resources (PNM) . Shares have lost about 2.1% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is PNM Resources due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. PNM Resources Q1 Earnings & Revenues Mis ...

Value investors also try to analyze a wide range of traditional figures and metrics to help determine whether a company is undervalued at its current share price levels. The Style Score Value grade factors in a variety of key fundamental metrics, including the popular P/E ratio, P/S ratio, earnings yield, cash flow per share, and a number of other key stats that are commonly used by value investors. PNM currently has a forward P/E ratio of 14.23, while PEG has a forward P/E of 20.35. We also note that PNM h ...

PNM Resources (PNM) continues to benefit from acquisitions, investment in utility infrastructure and development of cost-effective power generation units that help in providing reliable and affordable power. Given its growth opportunities, PNM makes for a solid investment option in the utility sector. Let's focus on the factors that make this Zacks Rank #2 (Buy) company a promising investment pick at the moment. The Zacks Consensus Estimate for PNM's 2024 earnings per share (EPS) has increased 1.5% to $2.71 ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Name of Registrant, State of Incorporation, Address Of Principal Executive Offices, Telephone Number, Commission File No ...

PNM Resources, Inc. (NYSE:PNM) Q1 2024 Results Conference Call April 30, 2024 11:00 AM ET Company Participants Pat Vincent-Collawn - Chairman, CEO Lisa Eden - SVP, CFO & Treasurer Don Tarry - President, COO Conference Call Participants Ryan Levine - Citi Operator Good day, and welcome to the PNM Resources Quarter One 2024 Conference Call. All participants will be in listen-only mode. [Operator Instructions]. Please note, this event is being -- [Technical Difficulty]. Thank you, Megan, and thank you everyone ...

Exhibit 99.1 ALBUQUERQUE, N.M. April 30, 2024 SEGMENT REPORTING OF 2024 FIRST QUARTER EARNINGS EPS Results by Segment | | | GAAP Diluted EPS | | Ongoing Diluted EPS | | --- | --- | --- | --- | --- | | | Q1 2024 | Q1 2023 | Q1 2024 | Q1 2023 | | PNM | $0.46 | $0.64 | $0.38 | $0.55 | | TNMP | $0.16 | $0.11 | $0.16 | $0.11 | | Corporate and Other | ($0.10) | ($0.11) | ($0.13) | ($0.11) | | Consolidated PNM Resources | $0.52 | $0.64 | $0.41 | $0.55 | • 2024 first quarter GAAP earnings of $0.52 per diluted share ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Name of Registrant, State of Incorporation, Address Of Principal Executive Offices, Telephone Number, Commission File No., IR ...

PNM Resources, Inc. (NYSE:PNM) Q4 2023 Earnings Conference Call February 6, 2024 11:00 AM ET Company Participants Lisa Goodman - Executive Director, IR Pat Vincent-Collawn - Chairman and CEO Don Tarry - President and COO Lisa Eden - SVP, CFO and Treasurer Conference Call Participants Julien Dumoulin-Smith - Bank of America Anthony Crowdell - Mizuho Ryan Levine - Citi Paul Fremont - Ladenburg Thalmann & Co. Operator Good morning, and welcome to the PNM Resources 2023 Earnings Call. [Operator Instructions] Pl ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Name of Registrant, State of Incorporation, Address Of Principal Executive Offices, Telephone Number, Commission Fil ...