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
Cable-cutters have now one more reason to do so as live television streaming will be available on YouTube TV in 14 more markets in the U.S. Facebook Chief Operating Officer Sheryl Sandberg has donated nearly $100 million in Facebook shares to charity. This is her second charitable donation within a year. A document was filed on Thursday with the Security and Exchange Commission, which shows that Sandberg transferred shares to a special fund she uses for charitable donations. Ford Motor Co.'s new CEO Jim Hackett has taken a more cautious approach to the automaker's plans for rolling out autonomous vehicles. Ford is currently undertaking a 100-day review of its operations and Hackett indicated at delays to the company's plans to launch a fully-autonomous vehicle by 2021.
comments powered by Disqus
Follow RTT