logo
Share SHARE
FONT-SIZE Plus   Neg

PNM Resources To Affirm 2014 Ongoing EPS Guidance - Quick Facts

Electric utility PNM Resources Inc. (PNM) said Monday that its management will meet with analysts and investors this week. It is expected to affirm the company's 2014 consolidated ongoing earnings guidance range of $1.42 to $1.52 per share during the meetings. Analysts polled by Thomson Reuters expect the company to report earnings of $1.47 per share for fiscal 2014. Analysts' estimates typically exclude special items.

PNM Resources is an energy holding company based in Albuquerque, N.M., with 2013 consolidated operating revenues of $1.4 billion. Through its regulated utilities, PNM and TNMP, PNM Resources has approximately 2,572 megawatts of generation capacity and serves electricity to more than 746,000 homes and businesses in New Mexico and Texas.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Canadian power company Emera has agreed to buy Teco Energy Inc for $27.55 per share in cash as part of efforts to expand into Florida and New Mexico. The announcement sent Teco shares surging 28 percent in after-hours trade on the New York Stock Exchange. Xiaomi Corp., nicknamed the "Apple of China" is planning to launch laptops, a report by Bloomberg said. The Chinese brand has been pausing a direct challenge to major smart phone brands in Asian markets in the recent years. It has planned to win over China, India and Brazil markets those together would account for one third of the worldwide sales. Value-priced fashion apparel and accessories retailer Cato Corp. (CATO) Thursday announced a four percent increase in comparable store sales for August. Sales were for the four week period was up five percent to $67 percent from $63.6 million last year. For the thirty weeks ended August 29, the...
comments powered by Disqus
RELATED NEWS
Trade PNM now with 
Follow RTT