CMS Energy (CMS) Tops Q3 EPS by 10c, Reaffirms Guidance
CMS Energy (NYSE: CMS) reported Q3 EPS of $0.77, $0.10 better than the analyst estimate of $0.67. Revenue for the quarter came in at $1.58 billion versus the consensus estimate of $1.59 billion.
- CMS Energy reaffirmed its guidance for 2020 adjusted earnings of $2.64 - $2.68* per share (*See below for important information about non-GAAP measures). Additionally, CMS Energy introduced 2021 adjusted earnings per share guidance of $2.82 to $2.86, reflecting continued strong growth of 6 to 8 percent.
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