CMS Energy (CMS) Misses Q4 EPS by 1c, Revenues Miss; Raises FY20 EPS Outlook

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CMS Energy Announces 2019 Results, Delivers 17th Consecutive Year of Strong Performance and Raises 2020 Adjusted EPS Guidance

January 30, 2020 7:00 AM EST

JACKSON, Mich., Jan. 30, 2020 /PRNewswire/ -- CMS Energy announced today 2019 reported net income of $680 million or $2.39 per share, compared to reported net income of $657 million or $2.32 per share for 2018. CMS Energy announced $708 million of adjusted net income or adjusted earnings per share of $2.49 for 2019, compared to $2.33 for 2018.

CMS Energy raised its guidance for 2020 adjusted earnings to $2.64 - $2.68* per share (*See below for important information about non-GAAP... More