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JACKSON, Mich. (AP) _ CMS Energy Corp. (CMS) on Thursday reported second-quarter net income of $124 million.
On a per-share basis, the Jackson, Michigan-based company said it had profit of 45 cents.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 35 cents per share.
The energy company posted revenue of $1.37 billion in the period.
CMS Energy expects full-year earnings in the range of $1.99 to $2.02 per share.
CMS Energy shares have increased 24 percent since the beginning of the year, while the Standard & Poor's 500 index has risen 6 percent. The stock has risen 34 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CMS at http://www.zacks.com/ap/CMS
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Keywords: CMS Energy, Earnings Report
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CMS Energy Corporation
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CODE : CMS |
ISIN : US1258961002 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
CMS Energy is a producing company based in United states of america. CMS Energy is listed in Germany and in United States of America. Its market capitalisation is US$ 19.8 billions as of today (€ 17.8 billions). Its stock quote reached its lowest recent point on April 18, 2014 at US$ 0.12, and its highest recent level on September 18, 2024 at US$ 70.00. CMS Energy has 282 420 406 shares outstanding. |