PNM Resources: Q1 Earnings Insights

PNM Resources PNM reported its Q1 earnings results on Friday, May 5, 2023 at 06:30 AM.

Here's what investors need to know about the announcement.

PNM Resources beat estimated earnings by 25.0%, reporting an EPS of $0.55 versus an estimate of $0.44.

Revenue was up $99.96 million from the same period last year.

Last quarter the company missed on EPS by $0.01 which was followed by a 0.04% increase in the share price the next day.

Here's a look at PNM Resources's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.16	1.33	0.53	0.39
EPS Actual	0.15	1.46	0.57	0.50
Revenue Estimate	244.99M	542.39M	445.36M	382.37M
Revenue Actual	575.82M	729.89M	499.73M	444.12M

To track all earnings releases for PNM Resources visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.