Earnings Outlook For PNM Resources
Portfolio Pulse from Benzinga Insights
PNM Resources (NYSE:PNM) is set to release its latest quarterly earnings report on October 27, 2023. Analysts estimate an earnings per share (EPS) of $1.34. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $44.3, down 5.24% over the last 52-week period.
October 26, 2023 | 4:01 pm
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PNM Resources is expected to report an EPS of $1.34 in its upcoming earnings. The stock has been down 5.24% over the past year, indicating a bearish sentiment among long-term shareholders.
The upcoming earnings report is a significant event for PNM Resources. While the estimated EPS is a positive sign, the stock's negative performance over the past year indicates a bearish sentiment among investors. The impact of the earnings report on the stock price will depend on whether the company meets or exceeds the EPS estimate and the guidance it provides for the next quarter.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100