PNM Resources: Q1 Earnings Snapshot
ALBUQUERQUE, N.M. (AP) _ PNM Resources Inc. (PNM) on Thursday reported profit of $16.1 million in its first quarter.
The Albuquerque, New Mexico-based company said it had net income of 19 cents per share. Earnings, adjusted for non-recurring costs, were 50 cents per share.
The power company posted revenue of $444.1 million in the period.
PNM Resources expects full-year earnings in the range of $2.50 to $2.60 per share.