earnings
confidence high
sentiment positive
materiality 0.70
CMS Energy Q2 adjusted EPS $0.71 beats prior year; reaffirms 2025 guidance $3.54-$3.60
CONSUMERS ENERGY CO
- Adjusted EPS $0.71 vs $0.66 in Q2 2024; reported EPS $0.66 vs $0.65.
- Reaffirmed 2025 adjusted EPS guidance of $3.54-$3.60; long-term growth 6-8%.
- Announced agreement with large data center for up to 1 GW load growth in Michigan.
- YTD adjusted EPS $1.73 vs $1.63, driven by regulatory outcomes, cost cuts, and weather.
- Utility capital plan of ~$20B for 2025-2029; consistent dividend growth with ~60% payout.
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