Benzinga | Jul 31, 2020 06:39AM EDT

PNM Resources Q2 EPS $0.55 Beats $0.49 Estimate, Sales $357.65M Beat $345.12M Estimate

PNM Resources (NYSE:PNM) reported quarterly earnings of $0.55 per share which beat the analyst consensus estimate of $0.49 by 12.24 percent. This is a 48.65 percent increase over earnings of $0.37 per share from the same period last year. The company reported quarterly sales of $357.65 million which beat the analyst consensus estimate of $345.12 million by 3.63 percent. This is a 8.30 percent increase over sales of $330.23 million the same period last year.