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TXNM Energy (TXNM)
NYSE:TXNM
Earnings Data
Report Date
Jul 31, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.42Last Year’s EPS
0.6Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 09, 2025
|% Change Since: 7.29%
|Next Earnings Date:Jul 31, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted TXNM Energy's steady financial performance and strategic investments in infrastructure, supported by favorable legislative changes in New Mexico. However, challenges such as lower transmission margins and the need for rate design adjustments in Texas were noted.Company Guidance
During the TXNM Energy Q1 2025 conference call, the company affirmed its 2025 guidance range of $2.74 to $2.84 per share and maintained a long-term EPS growth target of 7% to 9%. Ongoing earnings for the first quarter were reported at $0.19, staying on track with expectations. The company highlighted its approved system resiliency plan, allowing a $546 million investment in capital improvements at TNMP. Additionally, TNMP experienced a 22% increase in system peak demand, with demand-based load growing by 9.7%. The company also discussed its five-year capital plan, projecting investments growing from $600 million in 2025 to over $1 billion by 2028. PNM's 2028 resource filing includes plans for 450 megawatts of resources, and New Mexico's legislative session saw the passage of site readiness bills and the creation of a wildfire task force.Ongoing Earnings and EPS Growth Target
TXNM Energy reported ongoing earnings for Q1 2025 at $0.19 per share, in line with expectations. The company reaffirmed its guidance for 2025 with an EPS range of $2.74 to $2.84 and maintained a long-term EPS growth target of 7% to 9%.
Rate Base Growth and Capital Investment
TNMP's rate base growth is supported by the approved system resiliency plan, allowing recovery of $546 million in capital improvements. TNMP plans to invest approximately $750 million in ERCOT's Permian Basin Reliability Study projects by 2030.
Legislative Success in New Mexico
New Mexico passed key bills, including site readiness bills and the creation of a wildfire task force, which aim to expedite infrastructure build-out and improve wildfire response.
Demand Growth in Texas
TNMP set a new system peak in Q1 2025, 22% higher than last year, with demand-based load increasing by 9.7%, driven by growth in North and West Texas regions.
TXNM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TXNM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 09, 2025 | $52.67 | $52.89 | +0.42% |
Feb 21, 2025 | $51.04 | $52.82 | +3.49% |
Nov 01, 2024 | $42.85 | $41.61 | -2.89% |
Jul 31, 2024 | $40.64 | $40.56 | -0.20% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does TXNM Energy (TXNM) report earnings?
TXNM Energy (TXNM) is schdueled to report earning on Jul 31, 2025, TBA Not Confirmed.
What is TXNM Energy (TXNM) earnings time?
TXNM Energy (TXNM) earnings time is at Jul 31, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TXNM EPS forecast?
TXNM EPS forecast for the fiscal quarter 2025 (Q2) is 0.42.