CMS Energy (CMS) Q2 Earnings Beat, Revenues Improve Y/Y
CMSCMS Energy(CMS) ZACKS·2024-07-25 22:50

CMS Energy Corporation (CMS) reported second-quarter 2024 adjusted earnings per share (EPS) of 66 cents, which beat the Zacks Consensus Estimate of 63 cents by 4.8%. The bottom line, however, declined 12% from 75 cents reported in the prior-year quarter. The company’s GAAP earnings came in at 65 cents per share compared with 67 cents in the second quarter of 2023.The year-over-year decline can be attributed to lower other income and higher interest charges.RevenuesOperating revenues totaled $1.61 billion, w ...