CMS Energy Q2 adj EPS $0.75 beats $0.53 YoY; reaffirms FY adj EPS $3.06-$3.12

CONSUMERS ENERGY CO

Reported Q2 EPS $0.67 vs $0.50 YoY; adjusted EPS $0.75 vs $0.53 YoY.
Reaffirmed 2023 adjusted EPS guidance $3.06-$3.12 and long-term adj EPS growth 6%-8%.
Closed Karn coal plants (515 MW) in support of net-zero carbon by 2040; acquired ~1.2 GW Covert gas plant.
Five-year capital plan increased to $15.5B (2023-2027), up $1.2B from prior plan.

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

CONSUMERS ENERGY CO reported the second quarter of 2023 results: EPS $0.67 per share. Guidance reaffirmed.

Period: the second quarter of 2023
EPS: $0.67 per share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

CMS Energy announced today reported earnings per share of $0.67 for the second quarter of 2023, compared to $0.50 per share for the same quarter in 2022.

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44 earnings releases filed in the last 30 days. Browse all earnings releases →

CONSUMERS ENERGY CO filing history →

Source: SEC EDGAR

accession 0001104659-23-084518

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