CMS Energy's (CMS) Q4 Earnings Beat, Revenues Fall Y/Y
CMSCMS Energy(CMS) Zacks Investment Research·2024-02-01 23:56

CMS Energy Corporation (CMS) reported fourth-quarter 2023 adjusted earnings per share of 1.05,whichsurpassedtheZacksConsensusEstimateof1.05, which surpassed the Zacks Consensus Estimate of 1.04 by 1%. The bottom line also increased 75% from 60 cents reported in the previous year. The company’s GAAP earnings came in at 1.05persharecomparedwith58centsinthefourthquarterof2022.For2023,thecompanyreportedadjustedearningsof1.05 per share compared with 58 cents in the fourth quarter of 2022. For 2023, the company reported adjusted earnings of 3.11 per share, which surpassed the Zacks Consensus Estimate of $3.10 by 0.3%. The bottom line also increased 7.6 ...