---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-130743"
form_type: "8-K"
ticker: "CMS-PB"
cik: "0000201533"
company_name: "CONSUMERS ENERGY CO"
filed_at: "2021-10-28T23:59:59+00:00"
generated_at: "2026-06-28T17:00:15.004421+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CMS Energy Q3 adj EPS $0.54; raises 2021 guidance to $2.63-$2.65; sold EnerBank for >$1B

## Summary
- Q3 reported EPS from continuing ops $0.54 (down from $0.72 YoY); adjusted EPS $0.54 vs $0.73.
- Raised full-year 2021 adjusted EPS guidance to $2.63-$2.65 from $2.61-$2.65.
- Reaffirmed 2022 adjusted EPS guidance of $2.85-$2.87 and long-term 6-8% EPS growth.
- Closed EnerBank sale Oct 1 for gross proceeds >$1B; proceeds redeployed into core utility.
- YTD adjusted EPS $2.18 ahead of plan; strong execution with 2021 net liquidity $1.7B.

## SEC filing metadata
- accession: 0001104659-21-130743
- form_type: 8-K
- ticker: CMS-PB
- cik: 0000201533
- company_name: CONSUMERS ENERGY CO
- filed_at: 2021-10-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/201533/000110465921130743/0001104659-21-130743-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/201533/000110465921130743/tm2131232d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-130743
- JSON: https://secwatch.observer/filing/0001104659-21-130743.json
- Plain text: https://secwatch.observer/filing/0001104659-21-130743.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.