CMS Energy Corp reports results for the quarter ended June 30 - Earnings Summary
CMS Energy Corp reports results for the quarter ended June 30 - Earnings Summary
CMS Energy Corp CMS.N reported quarterly adjusted earnings of 37 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 71 cents. The mean expectation of thirteen analysts for the quarter was for earnings of 36 cents per share. Wall Street expected results to range from 33 cents to 41 cents per share.
Revenue fell 0.5% to $1.83 billion from a year ago; analysts expected $1.91 billion.
CMS Energy Corp's reported EPS for the quarter was 37 cents.
The company reported quarterly net income of $117 million.
CMS Energy Corp shares had fallen by 2.9% this quarter and gained 6.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 51.2% in the last three months.
In the last 30 days, eleven analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "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 $81.00, about 8.3% above its last closing price of $74.27
This summary was machine generated from LSEG data July 28 at 01:32 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 |
Jun. 30 2026 | 0.36 | 0.37 | Beat |
Mar. 31 2026 | 1.10 | 1.13 | Beat |
Dec. 31 2025 | 0.94 | 0.94 | Met |
Sep. 30 2025 | 0.85 | 0.93 | Beat |
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