PNM Resources: Q1 Earnings Snapshot
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ALBUQUERQUE, N.M. (AP) — ALBUQUERQUE, N.M. (AP) — PNM Resources Inc. (PNM) on Friday reported net income of $55.1 million in its first quarter.
On a per-share basis, the Albuquerque, New Mexico-based company said it had net income of 64 cents. Earnings, adjusted for non-recurring gains, were 55 cents per share.
The power company posted revenue of $544.1 million in the period.
PNM Resources expects full-year earnings in the range of $2.65 to $2.75 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PNM at https://www.zacks.com/ap/PNM
