PNM Resources (PNM) Beats Q2 Earnings Estimates

PNM Resources (PNM) came out with quarterly earnings of $0.60 per share, beating the Zacks Consensus Estimate of$ 0.55 per share. This compares to earnings of $0.55 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 9.09%. A quarter ago, it was expected that this power company would post earnings of$ 0.68 per share when it actually produced earnings of $0.41, delivering a surprise of -39.71%. Over the last four quarters, the com ...