TXNM Energy (TXNM) Stock Ignores Q3 Earnings Strength As Valuation Questions Build
TXNM Energy stock barely flinched after Q3 2026 results, slipping just 0.5% to about US$58 despite a sharp earnings reset that usually moves a regulated utility far more. The headline is simple: profitability is doing the heavy lifting while the balance sheet and valuation are doing the arguing. Net income for the quarter landed at US$163.4 million with basic earnings per share of US$1.55, numbers that sit inside a wider 12 month picture of higher earnings and richer multiples. With the P/E...
TXNM Energy stock barely flinched after Q3 2026 results, slipping just 0.5% to about US$58 despite a sharp earnings reset that usually moves a regulated utility far more. The headline is simple: profitability is doing the heavy lifting while the balance sheet and valuation are doing the arguing. Net income for the quarter landed at US$163.4 million with basic earnings per share of US$1.55, numbers that sit inside a wider 12 month picture of higher earnings and richer multiples. With the P/E...
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