CMS Energy (CMS) Misses Q1 EPS by 5c, Miss on Revenues; Reaffirms FY Adj. EPS Guidance
CMS Energy (NYSE: CMS) reported Q1 EPS of $0.71, $0.05 worse than the analyst estimate of $0.76. Revenue for the quarter came in at $1.83 billion versus the consensus estimate of $2.1 billion.
GUIDANCE:
CMS Energy sees FY2017 EPS of $2.14-$2.17, versus the consensus of $2.16.
CMS Energy reaffirmed its guidance for 2017 adjusted earnings of $2.14 to $2.18 per share or 6 to 8 percent annual adjusted earnings per share growth.
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