Earnings ·
CMS Energy reports Q3 adjusted EPS of $1.44, reaffirms full-year guidance
CMSCms Energy Corp
CMS Energy reported third-quarter adjusted earnings per share of $1.44, up from $0.93 in the prior year period, driven by strong utility performance that offset asset impairment and restructuring charges associated with NorthStar Clean Energy. Reported GAAP EPS fell to $0.39 from $0.92 due to these non-cash items. For the first nine months of 2026, adjusted EPS reached $2.95 compared to $2.66 in 2025. The company reaffirmed its full-year 2026 adjusted earnings guidance of $3.83 to $3.90 per share and 2027 guidance of $4.08 to $4.17, maintaining a long-term growth outlook of 6% to 8%. CMS Energy is a Michigan-based energy provider featuring Consumers Energy as its primary business, operating electric and gas utilities alongside independent power generation assets.