earnings
confidence high
sentiment positive
materiality 0.75
CMS Energy Q3 adj EPS $0.84 (+38% YoY); 2025 guidance $3.52-$3.58
CONSUMERS ENERGY CO
- Q3 reported EPS $0.84 (vs $0.60 YoY); adjusted EPS $0.84 (vs $0.61 YoY).
- Nine-month adjusted EPS $2.47 (vs $2.06 YoY); constructive regulatory outcomes & NorthStar cited.
- Reaffirms 2024 adjusted EPS guidance $3.29-$3.35, confidence toward high end.
- Introduces 2025 adjusted EPS guidance $3.52-$3.58; long-term 6-8% EPS growth reaffirmed.
- Utility capital plan increased to $17B for 2024-2028 (up $1.5B from prior plan).