PNM Resources's Earnings Outlook

PNM Resources PNM is set to give its latest quarterly earnings report on Friday, 2021-10-29. Here's what investors need to know before the announcement.

Analysts estimate that PNM Resources will likely report an Earnings Per Share (EPS) of $1.18

PNM Resources bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

Last quarter the company beat on EPS by 30.95%.

Here's a look at PNM Resources's past performance and the resulting price change:

Stock Performance

Shares of PNM Resources were trading at $49.78 as of October 27. Over the last 52-week period, shares are down 0.38%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

If you want to track all upcoming earnings announcements, check out our Earnings Calendar here