Preview: PNM Resources's Earnings
Portfolio Pulse from Benzinga Insights
PNM Resources (NYSE:PNM) is set to release its latest quarterly earnings report on August 4, 2023. Analysts estimate an earnings per share (EPS) of $0.50. The company's past performance shows it beat EPS estimates last quarter, but the share price dropped 0.0% the next day. The stock is currently trading at $44.25, down 7.42% over the last 52-week period.
August 04, 2023 | 1:59 pm
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PNM Resources is expected to report an EPS of $0.50 in its upcoming earnings. Despite beating EPS estimates last quarter, the share price dropped 0.0% the next day. The stock is down 7.42% over the last 52 weeks.
PNM Resources is set to release its earnings report, which is a significant event for any publicly traded company. The company's past performance shows it beat EPS estimates last quarter, but this did not translate into a positive impact on the share price. Given the stock's negative performance over the past year, this earnings report could be crucial for the company's short-term stock performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100