Q2 FY2026 EarningsQ2 FY26 results exceeded consensus across primary earnings metrics: ongoing EPS was $0.58 vs. $0.57 expected, while GAAP EPS of $0.64 beat the $0.62 estimate. Revenue of $548.6M slightly missed the $554.3M consensus (-1.0%), but bottom-line performance was bolstered by robust retail load growth and rate relief at PNM and TNMP. Management maintained its acquisition timeline with Blackstone Infrastructure for H1 2027 while securing a favorable rate settlement for TNMP.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: TXNM Energy(TXNM) the Revenue is 548.55 M (+9.18%), Miss estimate;the EBIT is 115.07 M (+46.98%), Miss estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueMiss expectations
0.55B9.18%
0.55B10.32%
-0.01B1.14%
EBITMiss expectations
0.12B46.98%
0.13B62.80%
-0.01B15.82%
EPS
TBA--
0.62181.82%
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Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf