secwatch.observer — SEC 8-K summary
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Issuer:     CONSUMERS ENERGY CO (CMS-PB)
CIK:        0000201533
Form:       8-K
Filed at:   2023-04-27T23:59:59+00:00
Accession:  0001104659-23-050652
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CMS Energy Q1 adjusted EPS $0.70, down 42% YoY; reaffirms FY23 guidance $3.06-$3.12
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- Q1 reported EPS $0.69, adjusted EPS $0.70, vs $1.21 and $1.20 in Q1 2022.
- Earnings decline driven by unfavorable weather (warm winter, ice storms) reducing sales and raising costs.
- Reaffirmed 2023 adjusted EPS guidance $3.06-$3.12 and long-term adjusted EPS growth 6-8%.
- Dividend maintained at $1.95/share; 5-year capital plan $15.5B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/201533/000110465923050652/0001104659-23-050652-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/201533/000110465923050652/tm2313895d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-050652

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