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.

For earnings history and earnings-related data on CMS Energy (CMS) click here.

You May Also Be Interested In

• BofA raises AMD target to $720, sees server CPU TAM tripling to $211B by 2030
• Stitch Fix (SFIX) Tops Q4 EPS by 4c; Offers Guidance
• Mizuho bullish on Tower Semiconductor, points to AI optical growth