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JACKSON, Mich. (AP) _ CMS Energy Corp. (CMS) on Thursday reported third-quarter earnings of $148 million.
The Jackson, Michigan-based company said it had net income of 53 cents per share.
The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 49 cents per share.
The energy company posted revenue of $1.49 billion in the period.
CMS Energy expects full-year earnings in the range of $1.87 to $1.89 per share.
CMS Energy shares have risen slightly more than 4 percent since the beginning of the year, while the Standard & Poor's 500 index has increased 1.5 percent. The stock has increased 12 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CMS at http://www.zacks.com/ap/CMS
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Keywords: CMS Energy, Earnings Report
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CMS Energy Corporation
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CODE : CMS |
ISIN : US1258961002 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
CMS Energy is a producing company based in United states of america. CMS Energy is listed in Germany and in United States of America. Its market capitalisation is US$ 19.7 billions as of today (€ 17.7 billions). Its stock quote reached its lowest recent point on April 18, 2014 at US$ 0.12, and its highest recent level on September 20, 2024 at US$ 69.84. CMS Energy has 282 420 406 shares outstanding. |