CMS Energy (CMS) Tops Q3 EPS by 4c

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CMS Energy Announces Third Quarter Earnings Of $0.53 Per Share; Raises Low End Of Adjusted Earnings Guidance To $1.87 To $1.89 Per Share

October 29, 2015 7:30 AM EDT

JACKSON, Mich., Oct. 29, 2015 /PRNewswire/ -- CMS Energy announced today reported net income of $148 million, or $0.53 per share, for the third quarter of 2015 and $417 million,  or $1.51 per share, for the first nine months of the year. Adjusted earnings per share for the third quarter and first nine months were the same as reported amounts.

CMS Energy raised the low end of its 2015 adjusted earnings per share guidance by a penny from $1.86-$1.89 to $1.87-$1.89, consistent with performance at the high end of its long-term plan to grow earnings per share at 5% to 7%.

For the first... More