PNM Resources (PNM) Q2 Earnings Top Estimates, Sales Rise Y/Y

PNM Resources (PNM) reported second-quarter 2024 earnings of 60 cents per share, which surpassed the Zacks Consensus Estimate of 55 cents by 9.1%. In the year-ago quarter, the company reported earnings of 55 cents per share. Segmental Details Highlights of the Release Revenues totaled $488.1 million, which missed the Zacks Consensus Estimate of$507 million by 3.72%. The top line, however, increased 2.3% from $477.2 million reported in the year-ago quarter. TNMP recorded earnings of 33 cents per share, up 1 ...