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Surging Profits But Missed Expectations: The Curious Case of TXNM Energy
TXNM Energy’s net income surged 176% year-over-year to $242.2 million, with EPS increasing to $2.67. Revenue growth was modest at 1.7%, falling 5.4% short of analyst expectations. Effective cost management improved profit margins to 12%, highlighting the impact of expense reduction. Future