28.07.2017 12:42:42
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PNM Resources Inc. Earnings Climb 23% In Q2
(RTTNews) - PNM Resources Inc. (PNM) revealed a profit for its second quarter that advanced compared to the same period last year.
The company said its bottom line came in at $39.6 million, or $0.49 per share. This was higher than $32.1 million, or $0.40 per share, in last year's second quarter.
Analysts had expected the company to earn $0.44 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 14.9% to $362.32 million. This was up from $315.39 million last year.
PNM Resources Inc. earnings at a glance:
-Earnings (Q2): $39.6 Mln. vs. $32.1 Mln. last year. -Earnings Growth (Y-o-Y): 23.4% -EPS (Q2): $0.49 vs. $0.40 last year. -EPS Growth (Y-o-Y): 22.5% -Analysts Estimate: $0.44 -Revenue (Q2): $362.32 Mln vs. $315.39 Mln last year. -Revenue Change (Y-o-Y): 14.9%
-Guidance: Full year EPS guidance: $1.77 - $1.87
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PNM Resources IncShs | 47,40 | 3,04% |