secwatch.observer — SEC 8-K summary
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Issuer:     CONSUMERS ENERGY CO (CMS-PB)
CIK:        0000201533
Form:       8-K
Filed at:   2021-10-28T23:59:59+00:00
Accession:  0001104659-21-130743
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/201533/000110465921130743/0001104659-21-130743-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/201533/000110465921130743/tm2131232d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-130743

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer