How did TXNM's Q1 2025 EPS forecast compare to past trends?

TXNM Energy's Q1 2025 EPS forecast of $2.74 to $2.84 per share reflects a continuation of the company's historical earnings growth trajectory.

1. **Consistency with Historical Trends**: The EPS guidance for Q1 2025 is in line with the company's recent past performance. TXNM Energy's ongoing EPS for 2024 was $2.74 per share, which was at the high end of the company's guidance for the year.
2. **Growth Outlook**: The company's 2025 guidance represents a growth rate of 7% to 9% compared to the 2024 EPS of $2.67. This suggests that TXNM Energy is expected to maintain a stable and positive earnings growth trajectory.
3. **Strategic Investments Supporting Growth**: The company's investment plan for grid infrastructure and reliability is expected to drive future growth. These strategic investments in Texas transmission projects are likely to contribute to the company's continued earnings growth.

In summary, TXNM Energy's Q1 2025 EPS forecast is in keeping with the company's historical earnings growth trends and is supported by the company's strategic investments, indicating a positive outlook for the company's future earnings.