PNM Resources To Affirm FY19 Ongoing EPS Outlook - Quick Facts

(RTTNews) - Energy holding company PNM Resources (PNM) announced Wednesday that it affirm its 2019 consolidated ongoing earnings guidance of $2.10 to $2.18 per share during the managements to meeting with Investors later in the day.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $2.14 per share for the year. Analysts' estimates typically exclude special items.

In late February, the management had narrowed the fiscal 2019 consolidated ongoing earnings guidance to reflect colder New Mexico temperatures experienced throughout the first months of 2019.