PNM Resources to Announce 2021 First Quarter Earnings on April 30

Rhea-AI Summary

PNM Resources (NYSE: PNM) is set to announce its first quarter financial results for 2021 on April 30, 2021, before the market opens. The earnings release will be available at 6:30 a.m. Eastern. In conjunction with its ongoing merger with AVANGRID, the company will not be hosting a conference call. In 2020, PNM reported consolidated operating revenues of $1.5 billion and provides electricity to around 800,000 customers in New Mexico and Texas. The company aims for 100% emissions-free energy by 2040.

Positive

• 2020 operating revenues of $1.5 billion.
• Goal of achieving 100% emissions-free energy by 2040.

Negative

• No conference call due to merger with AVANGRID.

ALBUQUERQUE, N.M., April 12, 2021 /PRNewswire/ -- PNM Resources (NYSE: PNM) will announce 2021 first quarter financial results prior to the market opening on Friday, April 30, 2021. The earnings news release will be issued at 6:30 a.m. Eastern.

In light of the previously announced merger transaction with AVANGRID, the company will not host a conference call. Additional information on the company's financial results and the pending merger transaction can be found on the company's website at www.PNMResources.com.

Background:
PNM Resources (NYSE: PNM) is an energy holding company based in Albuquerque, N.M., with 2020 consolidated operating revenues of $1.5 billion. Through its regulated utilities, PNM and TNMP, PNM Resources provides electricity to approximately 800,000 homes and businesses in New Mexico and Texas. PNM serves its customers with a diverse mix of generation and purchased power resources totaling 2.8 gigawatts of capacity, with a goal to achieve 100% emissions-free energy by 2040. For more information, visit the company's website at www.PNMResources.com.

CONTACTS:
	Analysts	Media
	Lisa Goodman	Ray Sandoval
	(505) 241-2160	(505) 241-2782

 

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SOURCE PNM Resources, Inc.

FAQ

When will PNM Resources announce its first quarter earnings for 2021?

PNM Resources will announce its first quarter earnings on April 30, 2021, before the market opens.

What is the revenue of PNM Resources for 2020?

PNM Resources reported consolidated operating revenues of $1.5 billion for 2020.

Why is there no conference call for PNM's earnings announcement?

PNM Resources will not host a conference call due to its ongoing merger transaction with AVANGRID.

What is PNM Resources' goal for emissions by 2040?

PNM Resources aims to achieve 100% emissions-free energy by 2040.