TXNM Energy (TXNM) has announced that it will be releasing its financial results for the third quarter of 2024 on Friday 1st November 2024. The report will be made available before market open, allowing investors and analysts to evaluate the company's performance during this period.
According to the predictions of financial experts on Wall Street, the enterprise is expected to announce an anticipated $1.41 profit per share for the quarter. Further, the firm is poised to disclose a total revenue of $588.88 million for the period.
In the corresponding quarter of the previous year, the company's earnings report unveiled a per-share income of $1.54. Notably, the company's total revenue reached an impressive $505.85 million during that specific period.
Wall Street analysts have revealed their projections for the company's yearly performance, with a total revenue of $2.12 billion. Furthermore, they expect the business to achieve profit of $2.71 per share during the fiscal year.
In addition, The firm will review the third quarter financial results on 1st November 2024 at 11:00 AM eastern time, in a conference call with public.
During Wednesday's trading, TXNM Energy (TXNM) shares reached a low of $42.89 and a high of $43.72, along with a total volume of 771.90 thousand shares. The stock ended the regular trading session at $42.98, indicating downfall of 1.2 percent.