PNM Resources (NYSE:PNM) reported its Q1 earnings results on Friday, May 5, 2023 at 06:30 AM.

Here's what investors need to know about the announcement.

Earnings

PNM Resources beat estimated earnings by 25.0%, reporting an EPS of $0.55 versus an estimate of $0.44.

Revenue was up $99.96 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 0.04% increase in the share price the next day.

Here's a look at PNM Resources's past performance:

To track all earnings releases for PNM Resources visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.