CMS Energy Corp reports results for the quarter ended December 31 - Earnings Summary

CMS Energy

06/02/2025 14:32

* CMS Energy Corp  CMS.N  reported quarterly adjusted
earnings of
87 cents​​ per share for the quarter ended December 31, lower
than the same quarter last year, when the company reported EPS
of $1.05.  The mean expectation of fifteen analysts for the
quarter was for earnings of 87 cents per share. Wall Street
expected results to range from 82 cents to 95 cents per share.
    * Revenue rose 2% to $1.99 billion from a year ago; analysts
expected $2.22 billion. 
    * CMS Energy Corp's reported EPS for the quarter was 87
cents​.
    * The company reported quarterly net income of $262 million.
    * CMS Energy Corp shares had risen by 0.7% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.9%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 9
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the multiline
utilities
peer group is also "buy"

Wall Street's median 12-month price target for CMS Energy Corp
is $76.00 
This summary was machine generated from LSEG data February 6 at
02:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.87           0.87           Met
 Sep. 30 2024      0.78           0.84           Beat
 Jun. 30 2024      0.63           0.66           Beat
 Mar. 31 2024      0.94           0.97           Beat