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CMS Energy reports mixed Q4 earnings; raises FY23 EPS guidance and reaffirms lon-term EPS guidance

Feb. 02, 2023 7:08 AM ETCMS Energy Corporation (CMS), CMSD, CMSC, CMSA, CMS.PR.CBy: Meghavi Singh, SA News Editor
  • CMS Energy press release (NYSE:CMS): Q4 GAAP EPS of $0.58 misses by $0.01.
  • Revenue of $2.28B (+12.3% Y/Y) beats by $230M.
  • Outlook: CMS Energy raised its 2023 adjusted earnings guidance to $3.06 to $3.12 per share (consensus of $3.10), from $3.05 to $3.11 per share and reaffirmed long-term adjusted EPS growth of 6 to 8 percent, with continued confidence toward the high end of the adjusted EPS growth range.

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