TXNM Energy's Investor Meetings Set to Confirm 2024 Guidance
TXNM Energy's Commitment to Investors
TXNM Energy, Inc. (NYSE: TXNM) plans to engage with analysts and investors at the Edison Electric Institute Financial Conference. These meetings are crucial as they aim to provide assurance regarding the company’s earnings forecasts for the upcoming year.
Affirmation of 2024 Earnings Guidance
During the conference, TXNM Energy's management is set to confirm its consolidated earnings guidance for the year 2024, anticipating figures between $2.70 and $2.75 per diluted share. This statement reflects the company's determined approach to maintaining clear communication with stakeholders regarding its financial health and projections.
Overview of TXNM Energy
TXNM Energy operates as a significant energy holding company that provides services to over 800,000 residential and commercial customers across the regions it serves. With a focus on sustainability and efficiency, TXNM Energy utilizes its regulated utilities, including Texas-New Mexico Power Company (TNMP) and Public Service Company of New Mexico (PNM), to deliver reliable energy.
Recent Developments
The upcoming meetings serve not only to establish financial expectations but also to strengthen relationships with investors. TXNM Energy's commitment to transparency is visible in its readiness to present vital information during this important financial conference.
Future Strategies and Goals
To sustain its growth trajectory, TXNM Energy is actively innovating its energy services and investing in new technologies. These initiatives are aimed at enhancing operational efficiency and customer satisfaction, aligning with industry trends toward more sustainable energy solutions.
Contact Information for Investors
For any inquiries regarding the upcoming meetings or the company’s financial performance, management has provided contact details. Lisa Goodman is the primary contact for analysts, reachable at (505) 241-2160. For media-related inquiries, the corporate communications department can be reached at (505) 241-2743.
Frequently Asked Questions
What is TXNM Energy's stock ticker?
TXNM Energy is listed under the ticker NYSE: TXNM.
What is the purpose of the upcoming meetings?
The meetings aim to affirm TXNM Energy’s 2024 earnings guidance and engage with analysts and investors.
How many customers does TXNM Energy serve?
TXNM Energy serves more than 800,000 customers in Texas and New Mexico.
What are the projected earnings for 2024?
The projected earnings for TXNM Energy in 2024 are between $2.70 and $2.75 per diluted share.
Who can investors contact for more information?
Investors can contact Lisa Goodman at (505) 241-2160 for inquiries related to the company.
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