ALBUQUERQUE, N.M., Aug 11, 2009 (BUSINESS WIRE) -- PNM Resources (NYSE: PNM) management will meet with investors and analysts today and tomorrow in Boston and Chicago.
During the meetings, management expects to affirm its 2009 earnings outlook range of $0.40 to $0.55 per diluted share. Based on year-to-date performance, management expects year-end results to be in the higher end of the range and believes there is a potential to exceed the range.
The presentation that will be used during the meetings is available on PNM Resources' Web site at http://www.pnmresources.com/investors/events.cfm.
PNM Resources (NYSE: PNM) is an energy holding company based in Albuquerque, N.M., with 2008 consolidated operating revenues from continuing and discontinued operations of $2.5 billion. Through its utility and energy subsidiaries, PNM Resources has more than 2,700 megawatts of generation resources and serves electricity to more than 884,000 homes and businesses in New Mexico and Texas. The company also has a 50-percent ownership of Optim Energy, which owns nearly 1,200 megawatts of generation. For more information, visit the company's Web site at www.PNMResources.com.
SOURCE: PNM Resources
PNM Resources, Albuquerque
Gina Jacobi, 505-241-2211
Analysts & Media
Frederick Bermudez, 505-241-4831
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