PNM Resources Earnings Estimate
| PNM Stock | USD 36.12 0.23 0.64% |
PNM |
PNM Resources Earnings Estimation Breakdown
The calculation of PNM Resources' earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of PNM Resources is estimated to be 0.45 with the future projection ranging from a low of 0.38 to a high of 0.45. Please be aware that this consensus of annual earnings estimates for PNM Resources is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
0.38 Lowest | Expected EPS | 0.45 Highest |
PNM Resources Earnings Projection Consensus
Suppose the current estimates of PNM Resources' value are higher than the current market price of the PNM Resources stock. In this case, investors may conclude that PNM Resources is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and PNM Resources' stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of March 2024 | Current EPS (TTM) | |
| 10 | 89.79% | 0.18 | 0.45 | 1.02 |
PNM Resources Earnings History
Earnings estimate consensus by PNM Resources analysts from Wall Street is used by the market to judge PNM Resources' stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only PNM Resources' upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.PNM Resources Quarterly Gross Profit |
|
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PNM Resources' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
PNM Resources Earnings per Share Projection vs Actual
Actual Earning per Share of PNM Resources refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering PNM Resources predict the company's earnings will be in the future. The higher the earnings per share of PNM Resources, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.PNM Resources Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as PNM Resources, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of PNM Resources should always be considered in relation to other companies to make a more educated investment decision.PNM Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact PNM Resources' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-02-06 | 2023-12-31 | 0.15 | 0.18 | 0.03 | 20 | ||
2023-10-27 | 2023-09-30 | 1.38 | 1.54 | 0.16 | 11 | ||
2023-08-04 | 2023-06-30 | 0.56 | 0.55 | -0.01 | 1 | ||
2023-05-05 | 2023-03-31 | 0.44 | 0.55 | 0.11 | 25 | ||
2023-02-24 | 2022-12-31 | 0.16 | 0.15 | -0.01 | 6 | ||
2022-11-04 | 2022-09-30 | 1.33 | 1.46 | 0.13 | 9 | ||
2022-08-04 | 2022-06-30 | 0.53 | 0.57 | 0.04 | 7 | ||
2022-04-28 | 2022-03-31 | 0.39 | 0.5 | 0.11 | 28 | ||
2022-02-03 | 2021-12-31 | 0.15 | 0.21 | 0.06 | 40 | ||
2021-10-28 | 2021-09-30 | 1.18 | 1.37 | 0.19 | 16 | ||
2021-07-30 | 2021-06-30 | 0.22 | 0.55 | 0.33 | 150 | ||
2021-04-30 | 2021-03-31 | 0.2 | 0.32 | 0.12 | 60 | ||
2021-02-26 | 2020-12-31 | 0.17 | 0.15 | -0.02 | 11 | ||
2020-10-30 | 2020-09-30 | 1.26 | 1.4 | 0.14 | 11 | ||
2020-07-31 | 2020-06-30 | 0.49 | 0.55 | 0.06 | 12 | ||
2020-04-13 | 2020-03-31 | 0.17 | 0.18 | 0.01 | 5 | ||
2020-02-28 | 2019-12-31 | 0.33 | 0.36 | 0.03 | 9 | ||
2019-11-01 | 2019-09-30 | 1.27 | 1.29 | 0.02 | 1 | ||
2019-08-02 | 2019-06-30 | 0.41 | 0.37 | -0.04 | 9 | ||
2019-05-07 | 2019-03-31 | 0.11 | 0.13 | 0.02 | 18 | ||
2019-02-27 | 2018-12-31 | 0.17 | 0.18 | 0.01 | 5 | ||
2018-11-06 | 2018-09-30 | 1.04 | 1.08 | 0.04 | 3 | ||
2018-07-31 | 2018-06-30 | 0.43 | 0.53 | 0.1 | 23 | ||
2018-04-27 | 2018-03-31 | 0.21 | 0.21 | 0.0 | 0 | ||
2018-02-27 | 2017-12-31 | 0.19 | 0.24 | 0.05 | 26 | ||
2017-10-27 | 2017-09-30 | 0.85 | 0.93 | 0.08 | 9 | ||
2017-07-28 | 2017-06-30 | 0.45 | 0.49 | 0.04 | 8 | ||
2017-04-28 | 2017-03-31 | 0.24 | 0.28 | 0.04 | 16 | ||
2017-02-28 | 2016-12-31 | 0.31 | 0.34 | 0.03 | 9 | ||
2016-10-28 | 2016-09-30 | 0.74 | 0.78 | 0.04 | 5 | ||
2016-08-08 | 2016-06-30 | 0.39 | 0.4 | 0.01 | 2 | ||
2016-04-29 | 2016-03-31 | 0.14 | 0.13 | -0.01 | 7 | ||
2016-02-26 | 2015-12-31 | 0.18 | 0.23 | 0.05 | 27 | ||
2015-10-30 | 2015-09-30 | 0.74 | 0.76 | 0.02 | 2 | ||
2015-07-31 | 2015-06-30 | 0.41 | 0.44 | 0.03 | 7 | ||
2015-05-01 | 2015-03-31 | 0.18 | 0.21 | 0.03 | 16 | ||
2015-02-27 | 2014-12-31 | 0.23 | 0.24 | 0.01 | 4 | ||
2014-10-31 | 2014-09-30 | 0.66 | 0.68 | 0.02 | 3 | ||
2014-08-01 | 2014-06-30 | 0.38 | 0.39 | 0.01 | 2 | ||
2014-05-02 | 2014-03-31 | 0.2 | 0.18 | -0.02 | 10 | ||
2014-02-28 | 2013-12-31 | 0.18 | 0.21 | 0.03 | 16 | ||
2013-11-01 | 2013-09-30 | 0.67 | 0.64 | -0.03 | 4 | ||
2013-08-02 | 2013-06-30 | 0.33 | 0.38 | 0.05 | 15 | ||
2013-05-06 | 2013-03-31 | 0.19 | 0.18 | -0.01 | 5 | ||
2013-03-01 | 2012-12-31 | 0.12 | 0.13 | 0.01 | 8 | ||
2012-11-02 | 2012-09-30 | 0.61 | 0.69 | 0.08 | 13 | ||
2012-08-03 | 2012-06-30 | 0.29 | 0.33 | 0.04 | 13 | ||
2012-05-04 | 2012-03-31 | 0.11 | 0.17 | 0.06 | 54 | ||
2012-02-29 | 2011-12-31 | 0.17 | 0.22 | 0.05 | 29 | ||
2011-11-03 | 2011-09-30 | 0.69 | 0.61 | -0.08 | 11 | ||
2011-08-05 | 2011-06-30 | 0.15 | 0.2 | 0.05 | 33 | ||
2011-05-06 | 2011-03-31 | 0.04 | 0.04 | 0.0 | 0 | ||
2011-03-03 | 2010-12-31 | -0.01 | -0.03 | -0.02 | 200 | ||
2010-10-29 | 2010-09-30 | 0.51 | 0.63 | 0.12 | 23 | ||
2010-08-06 | 2010-06-30 | 0.19 | 0.21 | 0.02 | 10 | ||
2010-05-07 | 2010-03-31 | 0.03 | 0.06 | 0.03 | 100 | ||
2010-02-23 | 2009-12-31 | -0.13 | -0.1905 | -0.0605 | 46 | ||
2009-10-29 | 2009-09-30 | 0.39 | 0.63 | 0.24 | 61 | ||
2009-07-31 | 2009-06-30 | 0.11 | 0.21 | 0.1 | 90 | ||
2009-05-01 | 2009-03-31 | -0.06 | 0.1 | 0.16 | 266 | ||
2009-02-06 | 2008-12-31 | -0.08 | -0.12 | -0.04 | 50 | ||
2008-11-05 | 2008-09-30 | 0.13 | 0.27 | 0.14 | 107 | ||
2008-05-06 | 2008-03-31 | 0.16 | 0.05 | -0.11 | 68 | ||
2008-02-11 | 2007-12-31 | 0.28 | 0.11 | -0.17 | 60 | ||
2007-11-01 | 2007-09-30 | 0.44 | 0.41 | -0.03 | 6 | ||
2007-08-02 | 2007-06-30 | 0.34 | 0.13 | -0.21 | 61 | ||
2007-05-07 | 2007-03-31 | 0.46 | 0.39 | -0.07 | 15 | ||
2007-02-13 | 2006-12-31 | 0.52 | 0.52 | 0.0 | 0 | ||
2006-11-02 | 2006-09-30 | 0.62 | 0.63 | 0.01 | 1 | ||
2006-08-02 | 2006-06-30 | 0.23 | 0.25 | 0.02 | 8 | ||
2006-05-02 | 2006-03-31 | 0.45 | 0.39 | -0.06 | 13 | ||
2006-01-30 | 2005-12-31 | 0.4 | 0.42 | 0.02 | 5 | ||
2005-10-25 | 2005-09-30 | 0.53 | 0.46 | -0.07 | 13 | ||
2005-07-26 | 2005-06-30 | 0.18 | 0.2 | 0.02 | 11 | ||
2005-04-26 | 2005-03-31 | 0.45 | 0.5 | 0.05 | 11 | ||
2005-02-22 | 2004-12-31 | 0.3 | 0.3 | 0.0 | 0 | ||
2004-11-07 | 2004-09-30 | 0.45 | 0.45 | 0.0 | 0 | ||
2004-07-26 | 2004-06-30 | 0.32 | 0.28 | -0.04 | 12 | ||
2004-04-26 | 2004-03-31 | 0.33 | 0.41 | 0.08 | 24 | ||
2004-02-10 | 2003-12-31 | 0.24 | 0.23 | -0.01 | 4 | ||
2003-10-30 | 2003-09-30 | 0.45 | 0.43 | -0.02 | 4 | ||
2003-07-29 | 2003-06-30 | 0.19 | 0.29 | 0.1 | 52 | ||
2003-04-29 | 2003-03-31 | 0.41 | 0.35 | -0.06 | 14 | ||
2003-02-11 | 2002-12-31 | 0.23 | 0.21 | -0.02 | 8 | ||
2002-10-29 | 2002-09-30 | 0.41 | 0.39 | -0.02 | 4 | ||
2002-07-22 | 2002-06-30 | 0.17 | 0.19 | 0.02 | 11 | ||
2002-04-23 | 2002-03-31 | 0.43 | 0.42 | -0.01 | 2 | ||
2002-01-23 | 2001-12-31 | 0.22 | 0.13 | -0.09 | 40 | ||
2001-10-24 | 2001-09-30 | 0.58 | 0.64 | 0.06 | 10 | ||
2001-07-17 | 2001-06-30 | 0.53 | 1.05 | 0.52 | 98 | ||
2001-04-18 | 2001-03-31 | 1.04 | 1.1 | 0.06 | 5 | ||
2001-01-25 | 2000-12-31 | 0.3 | 0.39 | 0.09 | 30 | ||
2000-10-18 | 2000-09-30 | 0.5 | 0.65 | 0.15 | 30 | ||
2000-07-18 | 2000-06-30 | 0.28 | 0.3 | 0.02 | 7 | ||
2000-04-20 | 2000-03-31 | 0.34 | 0.37 | 0.03 | 8 | ||
2000-01-27 | 1999-12-31 | 0.27 | 0.28 | 0.01 | 3 | ||
1999-10-22 | 1999-09-30 | 0.39 | 0.35 | -0.04 | 10 | ||
1999-07-21 | 1999-06-30 | 0.3 | 0.27 | -0.03 | 10 | ||
1999-04-21 | 1999-03-31 | 0.37 | 0.37 | 0.0 | 0 | ||
1999-01-27 | 1998-12-31 | 0.3 | 0.29 | -0.01 | 3 | ||
1998-10-16 | 1998-09-30 | 0.47 | 0.55 | 0.08 | 17 | ||
1998-08-19 | 1998-06-30 | 0.25 | 0.23 | -0.02 | 8 | ||
1998-04-17 | 1998-03-31 | 0.37 | 0.33 | -0.04 | 10 | ||
1998-01-27 | 1997-12-31 | 0.26 | 0.27 | 0.01 | 3 | ||
1997-10-17 | 1997-09-30 | 0.36 | 0.39 | 0.03 | 8 | ||
1997-07-17 | 1997-06-30 | 0.23 | 0.23 | 0.0 | 0 | ||
1997-04-21 | 1997-03-31 | 0.4 | 0.42 | 0.02 | 5 | ||
1997-01-27 | 1996-12-31 | 0.2 | 0.2 | 0.0 | 0 | ||
1996-10-18 | 1996-09-30 | 0.37 | 0.31 | -0.06 | 16 | ||
1996-07-22 | 1996-06-30 | 0.19 | 0.21 | 0.02 | 10 | ||
1996-04-25 | 1996-03-31 | 0.3 | 0.39 | 0.09 | 30 | ||
1996-01-25 | 1995-12-31 | 0.2 | 0.16 | -0.04 | 20 | ||
1995-10-23 | 1995-09-30 | 0.27 | 0.35 | 0.08 | 29 |
About PNM Resources Earnings Estimate
The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of PNM Resources earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current PNM Resources estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as PNM Resources fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.| Last Reported | Projected for Next Year | ||
| Retained Earnings | 787.1 M | 508.6 M | |
| Retained Earnings Total Equity | 931.7 M | 526.3 M | |
| Earnings Yield | 0.02 | 0.03 | |
| Price Earnings Ratio | 40.63 | 43.60 | |
| Price Earnings To Growth Ratio | (0.84) | (0.88) |
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as PNM Resources using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PNM Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in PNM Stock, please use our How to Invest in PNM Resources guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for PNM Stock analysis
When running PNM Resources' price analysis, check to measure PNM Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PNM Resources is operating at the current time. Most of PNM Resources' value examination focuses on studying past and present price action to predict the probability of PNM Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PNM Resources' price. Additionally, you may evaluate how the addition of PNM Resources to your portfolios can decrease your overall portfolio volatility.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account |
Is PNM Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PNM Resources. If investors know PNM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PNM Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.69) | Dividend Share 1.49 | Earnings Share 1.02 | Revenue Per Share 22.471 | Quarterly Revenue Growth (0.28) |
The market value of PNM Resources is measured differently than its book value, which is the value of PNM that is recorded on the company's balance sheet. Investors also form their own opinion of PNM Resources' value that differs from its market value or its book value, called intrinsic value, which is PNM Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PNM Resources' market value can be influenced by many factors that don't directly affect PNM Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PNM Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if PNM Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PNM Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.