Benzinga | Oct 30, 2020 06:34AM EDT

PNM Resources Q3 Adj. EPS $1.40, EPS $1.52 Beats $1.26 Estimate, Sales $472.46M Miss $529.43M Estimate

PNM Resources (NYSE:PNM) reported quarterly earnings of $1.52 per share which beat the analyst consensus estimate of $1.26 by 20.63 percent. This is a 17.83 percent increase over earnings of $1.29 per share from the same period last year. The company reported quarterly sales of $472.46 million which missed the analyst consensus estimate of $529.43 million by 10.76 percent. This is a 8.97 percent increase over sales of $433.59 million the same period last year.