---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-103975"
form_type: "8-K"
ticker: "CMS-PB"
cik: "0000201533"
company_name: "CONSUMERS ENERGY CO"
filed_at: "2025-10-30T23:59:59+00:00"
generated_at: "2026-05-17T01:26:17.600492+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CMS Energy Q3 adj EPS $0.93 beats $0.84 YoY; raises 2025 guidance, initiates 2026

## Summary
- Q3 2025 reported EPS $0.92, adjusted EPS $0.93; YTD adjusted EPS $2.66 vs $2.47 in 2024.
- 2025 adjusted EPS guidance raised to $3.56-$3.60 from $3.54-$3.60; 2026 initiated at $3.80-$3.87.
- Long-term adjusted EPS growth reaffirmed at 6-8%, targeting high end; dividend $2.11/share.
- Constructive regulatory outcomes cited: natural gas rate case order and Renewable Energy Plan approval.
- Utility capital plan (2025-2029) set at $20B, up $3B from prior plan.

## SEC filing metadata
- accession: 0001104659-25-103975
- form_type: 8-K
- ticker: CMS-PB
- cik: 0000201533
- company_name: CONSUMERS ENERGY CO
- filed_at: 2025-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/201533/000110465925103975/0001104659-25-103975-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/201533/000110465925103975/tm2529773d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-103975
- JSON: https://secwatch.observer/filing/0001104659-25-103975.json
- Plain text: https://secwatch.observer/filing/0001104659-25-103975.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.