CMS Energy (CMS) Reports In-Line Q4 EPS, Offers FY16 Guidance
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CMS Energy Announces 2015 Earnings Of $1.89 Per Share; Raises 2016 Earnings Outlook To A Range Of $1.99 To $2.02 Per Share
February 4, 2016 7:31 AM ESTJACKSON, Mich., Feb. 4, 2016 /PRNewswire/ -- CMS Energy announced today net income of $106 million, or $0.38 per share, for the fourth quarter of 2015, compared to $96 million, or $0.35 per share, for the same quarter of 2014.
For 2015, CMS Energy's net income is $523 million, or $1.89 per share, compared to $477 million, or $1.74 per share for 2014. Adjusted net income in 2015 was also $523 million, or $1.89 per share at the high end of guidance, compared to $486 million or $1.77 per share for 2014.
CMS Energy raised guidance for 2016 earnings to $1.99 to $2.02 per share, building, as always over the last 13 years, on the company's actual high-end... More
