PNM Resources: Q3 Earnings Snapshot

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ALBUQUERQUE, N.M. (AP) — ALBUQUERQUE, N.M. (AP) — PNM Resources Inc. (PNM) on Friday reported net income of $37.7 million in its third quarter.

The Albuquerque, New Mexico-based company said it had net income of 44 cents per share. Earnings, adjusted for one-time gains and costs, were $1.54 per share.

The power company posted revenue of $505.9 million in the period.

PNM Resources expects full-year earnings in the range of $2.75 to $2.80 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

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