---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-049718"
form_type: "8-K"
ticker: "CMS-PB"
cik: "0000201533"
company_name: "CONSUMERS ENERGY CO"
filed_at: "2026-04-28T23:59:59+00:00"
generated_at: "2026-05-15T03:15:41.950860+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CMS Energy Q1 adj. EPS $1.13 beats $1.02 prior year; reaffirms 2026 guidance $3.83-$3.90

## Summary
- Q1 2026 reported EPS $1.10, adj. EPS $1.13 vs $1.02 in Q1 2025.
- Reaffirmed 2026 adj. EPS guidance $3.83-$3.90; long-term 6-8% growth.
- Utility capital plan raised to $24B (2026-2030), up $4B from prior plan.
- Recent MI electric rate order $217M approved at 9.90% ROE (~66% of ask).
- Economic development pipeline ~9GW includes data centers, semiconductors.

## SEC filing metadata
- accession: 0001104659-26-049718
- form_type: 8-K
- ticker: CMS-PB
- cik: 0000201533
- company_name: CONSUMERS ENERGY CO
- filed_at: 2026-04-28T23:59:59+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/201533/000110465926049718/0001104659-26-049718-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/201533/000110465926049718/tm2612873d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-049718
- JSON: https://secwatch.observer/filing/0001104659-26-049718.json
- Plain text: https://secwatch.observer/filing/0001104659-26-049718.txt

## Key facts
- Earnings Releases
  CONSUMERS ENERGY CO reported first quarter of 2026 results: EPS $1.10 per share. Guidance reaffirmed.
  - Period: first quarter of 2026
  - EPS: $1.10 per share
  - Guidance: reaffirmed
  - Result: reported results
  source text: CMS Energy announced today reported earnings per share of $1.10 for the first quarter of 2026, compared to $1.01 per share for 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/201533/000110465926049718/0001104659-26-049718-index.htm

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