TXNM Energy Q1 FY26 GAAP EPS drops to $0.03; ongoing EPS rises to $0.21
TXNM Energy
TXNM Energy TXNM | 0.00 |
- TXNM Energy Q1 2026 GAAP net earnings fell 58.4% to $3.7 million, with GAAP diluted EPS dropping to $0.03 from $0.10.
- Electric operating revenues rose to $504.98 million from $482.79 million, while operating income climbed to $77.01 million from $71.89 million.
- Ongoing net earnings increased to $23.8 million from $18.1 million, lifting ongoing diluted EPS to $0.21 from $0.19.
- GAAP results reflected $16.9 million of net unrealized losses on investment securities, while planned acquisition-related costs totaled $5.6 million.
- TXNM updated 2026-2030 capital investment plan to $10.2 billion, while still expecting Blackstone Infrastructure acquisition to close in second half of 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TXNM Energy Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: LA48663) on May 01, 2026, and is solely responsible for the information contained therein.
