---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-011158"
form_type: "8-K"
ticker: "CMS-PB"
cik: "0000201533"
company_name: "CONSUMERS ENERGY CO"
filed_at: "2022-02-03T23:59:59+00:00"
generated_at: "2026-06-27T11:55:57.043747+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CMS Energy raises 2022 adjusted EPS guidance to $2.85-$2.89; reports 2021 adjusted EPS $2.65

## Summary
- 2021 adjusted EPS $2.65 vs $2.47 in 2020, a 7% increase.
- 2022 adjusted EPS guidance raised to $2.85-$2.89 from $2.85-$2.87; long-term growth reaffirmed at 6-8%.
- Annual dividend raised by $0.10 to $1.84 per share for 2022, marking 16th consecutive annual increase.
- Updated 5-year customer investment plan of $14.3B, up $1B, with ~40% allocated to clean energy transformation.
- Adjusted operating cash flow of $1,843M in 2021; no equity issuance planned through 2024.

## SEC filing metadata
- accession: 0001104659-22-011158
- form_type: 8-K
- ticker: CMS-PB
- cik: 0000201533
- company_name: CONSUMERS ENERGY CO
- filed_at: 2022-02-03T23:59:59+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/201533/000110465922011158/0001104659-22-011158-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/201533/000110465922011158/tm225218d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-011158
- JSON: https://secwatch.observer/filing/0001104659-22-011158.json
- Plain text: https://secwatch.observer/filing/0001104659-22-011158.txt

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