PNM Resources: Q3 Earnings Snapshot

ALBUQUERQUE, N.M. (AP) — ALBUQUERQUE, N.M. (AP) — PNM Resources Inc. (TXNM) on Friday reported earnings of $131.3 million in its third quarter.

On a per-share basis, the Albuquerque, New Mexico-based company said it had net income of $1.45. Earnings, adjusted for non-recurring gains, came to $1.43 per share.

The power company posted revenue of $569.3 million in the period.

PNM Resources expects full-year earnings in the range of $2.70 to $2.75 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TXNM at https://www.zacks.com/ap/TXNM

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