earnings
confidence high
sentiment positive
materiality 0.75
CMS Energy Q1 adjusted EPS $1.02 vs $0.97 YoY; reaffirms 2025 guidance $3.54-$3.60
CONSUMERS ENERGY CO
- Reported EPS $1.01 (up $0.05); adjusted EPS $1.02 (up $0.05) YoY.
- Reaffirmed 2025 adjusted EPS guidance $3.54-$3.60; long-term growth target 6-8% toward high end.
- Constructive electric rate case order in March $176M, 9.9% ROE supports Reliability Roadmap investments.
- Utility capital plan increased to $20B for 2025-2029, up $3B; rate base growth ~8.5% CAGR.
- Expansive economic development efforts; Hemlock Semiconductor $375M investment; Ford Blue Oval Battery Park $2.6B.