PNM Resources Affirms FY24 Ongoing EPS Guidance Range Of $2.65 - $2.75, Est $2.69
Portfolio Pulse from Benzinga Newsdesk
PNM Resources has reaffirmed its FY24 ongoing EPS guidance range of $2.65 to $2.75, with an estimate of $2.69.
July 31, 2024 | 12:00 pm
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PNM Resources has reaffirmed its FY24 ongoing EPS guidance range of $2.65 to $2.75, with an estimate of $2.69. This indicates stability and confidence in their financial performance.
Reaffirming the EPS guidance range suggests that PNM Resources is confident in its financial performance for FY24. This stability is likely to be viewed positively by investors, potentially leading to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100