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TXNM
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TXNM Energy reports 2024 earnings, increases investment plan and earnings growth targets

1. TXNM reported 2024 GAAP EPS $2.67 and ongoing EPS $2.74 per share. 2. Updated 2025 guidance and 7%-9% long-term EPS growth target reflect strong Texas growth.

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FAQ

Why Bullish?

The earnings beat and raised outlook signal improved profitability, historically uplifting utility stocks when updated guidance boosts investor confidence.

How important is it?

Solid earnings figures and an increased long-term growth target are key factors that can drive TXNM's stock higher.

Why Long Term?

Enhanced long-term EPS growth targets and phased rate implementations support sustained operational strength, as seen in comparable utility updates.

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PNM
2024 GAAP earnings of $2.67 per diluted share, ongoing earnings of $2.74 per diluted share achieves guidance expectation 2025 ongoing earnings guidance range introduced at $2.74 - $2.84 per diluted share reflects strong Texas growth, mid-year implementation of PNM customer rate phase-in Increased long-term earnings per share growth target of 7% to 9% ALBUQUERQUE, N.M. , Feb. 21, 2025 /PRNewswire/ -- TXNM Energy (NYSE: TXNM) today reported 2024 earnings results and refreshed its growth outlook, increasing its long-term earnings growth target to 7% to 9%.

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