The earnings call presented a generally positive outlook with strong growth metrics, successful regulatory approvals, and supportive legislative developments. However, challenges such as transmission pressures, insurance costs, and ongoing regulatory lag concerns were noted.

Company Guidance

During the TXNM Energy Q1 2025 Conference Call, the company reaffirmed its guidance for 2025 with an earnings per share (EPS) range of $2.74 to $2.84, alongside a long-term EPS growth target of 7% to 9%. The company reported ongoing earnings of $0.19 per share for the first quarter, highlighting progress in regulatory approvals and capital investments. TXNM Energy's system resiliency plan, approved for $546 million, and the Permian Basin Reliability Study, involving a $750 million investment by 2030, were key highlights. The company noted a 22% increase in TNMP's system peak and a 9.7% growth in demand-based load, largely driven by commercial growth in North and West Texas. The legislative environment was favorable, with new bills passed to support infrastructure development and wildfire prevention. TXNM Energy plans to maintain its five-year capital plan, increasing from $600 million in 2025 to over $1 billion by 2028, to support a 17% rate base growth.

Ongoing Earnings and Growth Targets

Ongoing earnings for Q1 were $0.19, in line with expectations, affirming guidance for 2025 at $2.74 to $2.84 per share with a long-term EPS growth target of 7% to 9%.

System Resiliency Plan Approval

Approval to invest and recover $546 million in capital improvements, enhancing system protection and response to extreme weather events.

TNMP System Peak and Load Growth

TNMP set a new system peak, 22% higher than last year's Q1, driven by a 9.7% increase in demand-based load, particularly in North and West Texas.

Legislative Support in New Mexico

Key bills passed to expedite infrastructure development, creating a wildfire task force, and allowing for site readiness to attract new businesses.

Regulatory Success at TNMP and PNM

Approval of $83 million transmission rate base investments and $176 million distribution rate-based investments, along with positive outcomes in rate reviews and resource filings.

TXNM Energy (TXNM) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

TXNM Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 24, 2025	2025 (Q3)	1.46 / -	1.43	―	―	―
Aug 01, 2025	2025 (Q2)	0.41 / 0.25	0.6	-58.33% (-0.35)	―	―
May 09, 2025	2025 (Q1)	0.20 / 0.19	0.41	-53.66% (-0.22)
Feb 21, 2025	2024 (Q4)	0.29 / 0.30	0.18	66.67% (+0.12)
Nov 01, 2024	2024 (Q3)	1.41 / 1.43	1.54	-7.14% (-0.11)
Jul 31, 2024	2024 (Q2)	0.55 / 0.60	0.55	9.09% (+0.05)
Apr 30, 2024	2024 (Q1)	0.40 / 0.41	0.55	-25.45% (-0.14)
Feb 06, 2024	2023 (Q4)	0.14 / 0.18	0.15	20.00% (+0.03)
Oct 27, 2023	2023 (Q3)	1.38 / 1.54	1.46	5.48% (+0.08)
Aug 04, 2023	2023 (Q2)	0.56 / 0.55	0.57	-3.51% (-0.02)

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
Aug 01, 2025	$56.38	$56.30	-0.14%
May 09, 2025	$52.29	$52.51	+0.42%
Feb 21, 2025	$50.68	$52.44	+3.47%
Nov 01, 2024	$42.54	$41.31	-2.89%

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 Oct 24, 2025, Before Open (Confirmed).

What is TXNM Energy (TXNM) earnings time?

TXNM Energy (TXNM) earnings time is at Oct 24, 2025, Before Open (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 (Q3) is 1.46.

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