PNM Resources' (PNM) CEO Pat Vincent-Collawn on Q2 2019 Results - Earnings Call Transcript

Aug. 02, 2019 4:38 PM ETTXNM Energy, Inc. (TXNM) StockTXNM
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Q2: 2019-08-02 Earnings Summary

EPS of $0.37 misses by $0.00
 | Revenue of $330.23M (-6.27% Y/Y) misses by $33.19M

PNM Resources, Inc. (PNM) Q2 2019 Earnings Conference Call August 2, 2019 11:00 AM ET

Company Participants

Jimmie Blotter – Director-Investor Relations
Pat Vincent-Collawn – Chairman, President and Chief Executive Officer
Chuck Eldred – Executive Vice President and Chief Financial Officer

Conference Call Participants

Greg Gordon – Evercore
Alex Morgan – Bank of America
Ali Agha – SunTrust
Paul Fremont – Mizuho Securities USA

Operator

Good morning, and welcome to the PNM Resources Second Quarter 2019 Conference Call. [Operator Instructions]

Please note, this event is being recorded. I would now like to turn the conference over to Jimmie Blotter, Director of Investor Relations. Please go ahead, ma'am.

Jimmie Blotter

Thank you, Nancy. And thank you, everyone, for joining us this morning for the PNM Resources second quarter 2019 earnings conference call. Please note that the presentation for this conference call and other supporting documents are available on our website at pnmresources.com.

Joining me today are PNM Resources' Chairman, President and CEO, Pat Vincent-Collawn; and Chuck Eldred, our Executive Vice President and Chief Financial Officer, as well as several other members of our executive management team.

Before I turn the call over to Pat, I need to remind you that some of the information provided this morning should be considered forward-looking statements pursuant to the Private Securities Litigation Reform Act of 1995. We caution you that all of the forward-looking statements are based upon current expectations and estimates and that PNM Resources assumes no obligation to update this information.

For a detailed discussion of factors affecting PNM Resources' results, please refer to our current and future annual reports on Form 10-K, quarterly reports on Form 10-Q, as well as reports on Form 8-K filed with the SEC.

And with that, I'll turn the call over to Pat.

Pat Vincent-Collawn

Thank you, Jimmie, and

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