CMS Energy Q3 adjusted EPS $0.61 vs $0.56 YoY; introduces 2024 guidance $3.27-$3.33

CONSUMERS ENERGY CO

Q3 reported EPS $0.60, adjusted EPS $0.61 (vs $0.56 both measures YoY).
YTD 9M adjusted EPS $2.06, down from $2.29 in 2022 due to weather and storm costs.
Reaffirmed 2023 adjusted EPS guidance $3.06-$3.12, long-term growth 6-8%.
Introduced 2024 adjusted EPS guidance $3.27-$3.33, implying 7% midpoint growth.
Announced $7B 5-year electric Reliability Roadmap to modernize grid and reduce outages.

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

CONSUMERS ENERGY CO updated its the third quarter of 2023 guidance (reaffirmed).

Period: the third quarter of 2023
Guidance: reaffirmed
Result: reported results

Exact text from the filing

CMS Energy announced today reported earnings per share of $0.60 for the third quarter of 2023, compared to $0.56 per share for the same quarter in 2022.

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Source: SEC EDGAR

accession 0001104659-23-111588

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