TXNM Energy to Meet with Investors

Rhea-AI Summary

TXNM Energy (NYSE: TXNM) has announced that its management will be meeting with analysts and investors this week. During these meetings, the company plans to reaffirm its 2024 consolidated earnings guidance of $2.70 to $2.75 per diluted share.

The company, based in Albuquerque, New Mexico, operates as an energy holding company serving more than 800,000 homes and businesses across Texas and New Mexico through its regulated utilities, TNMP and PNM. Presentation materials for the meetings have been made available on the company's website.

Positive

• Affirmed 2024 earnings guidance of $2.70-$2.75 per diluted share
• Strong customer base of 800,000+ homes and businesses
• Stable regulated utility business model

Negative

• None.

News Market Reaction

+0.34%

1 alert

+0.34% News Effect

On the day this news was published, TXNM gained 0.34%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

2024 ongoing earnings guidance to be affirmed during meetings 

ALBUQUERQUE, N.M., Jan. 8, 2025 /PRNewswire/ -- TXNM Energy, Inc. (NYSE: TXNM) management will meet with analysts and investors this week. 

During the meetings, management is expected to affirm the company's 2024 consolidated earnings guidance of $2.70 to $2.75 per diluted share. Presentation materials are available on the company's website at https://www.txnmenergy.com/investors/events-and-presentations.

Background:
TXNM Energy (NYSE: TXNM), an energy holding company based in Albuquerque, New Mexico, delivers energy to more than 800,000 homes and businesses across Texas and New Mexico through its regulated utilities, TNMP and PNM. For more information, visit the company's website at www.TXNMEnergy.com.

Contacts:

Analysts	Media
Lisa Goodman	Corporate Communications
(505) 241-2160	(505) 241-2743

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
Statements made in this news release for TXNM Energy, Inc. ("TXNM"), Public Service Company of New Mexico ("PNM"), or Texas-New Mexico Power Company ("TNMP") (collectively, the "Company") that relate to future events or expectations, projections, estimates, intentions, goals, targets, and strategies, including the unaudited financial results and earnings guidance, are made pursuant to the Private Securities Litigation Reform Act of 1995. Readers are cautioned that all forward-looking statements are based upon current expectations and estimates and apply only as of the date of this report. TXNM, PNM, and TNMP assume no obligation to update this information. Because actual results may differ materially from those expressed or implied by these forward-looking statements, TXNM, PNM, and TNMP caution readers not to place undue reliance on these statements. TXNM's, PNM's, and TNMP's business, financial condition, cash flow, and operating results are influenced by many factors, which are often beyond their control, that can cause actual results to differ from those expressed or implied by the forward-looking statements. For a discussion of risk factors and other important factors affecting forward-looking statements, please see the Company's Form 10-K, Form 10-Q filings and the information included in the Company's Forms 8-K with the Securities and Exchange Commission, which factors are specifically incorporated by reference herein.

View original content to download multimedia:https://www.prnewswire.com/news-releases/txnm-energy-to-meet-with-investors-302345443.html

SOURCE TXNM Energy, Inc.

FAQ

What is TXNM Energy's earnings guidance for 2024?

TXNM Energy has affirmed its 2024 consolidated earnings guidance of $2.70 to $2.75 per diluted share.

How many customers does TXNM Energy serve in Texas and New Mexico?

TXNM Energy serves more than 800,000 homes and businesses across Texas and New Mexico through its regulated utilities, TNMP and PNM.

When will TXNM Energy meet with investors and analysts?

TXNM Energy management will meet with analysts and investors during the week of January 8, 2024.

Where can investors find TXNM Energy's presentation materials?

TXNM Energy's presentation materials are available on the company's website at https://www.txnmenergy.com/investors/events-and-presentations.