PNM Resources: Q2 Earnings Snapshot
ALBUQUERQUE, N.M. (AP) _ PNM Resources Inc. (PNM) on Thursday reported profit of $15.5 million in its second quarter.
On a per-share basis, the Albuquerque, New Mexico-based company said it had profit of 18 cents. Earnings, adjusted for non-recurring costs, came to 57 cents per share.
The power company posted revenue of $499.7 million in the period.
PNM Resources expects full-year earnings in the range of $2.50 to $2.60 per share.