| CMS Energy beats 2Q profit forecasts | |
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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 $2.02 per share.
CMS Energy shares have increased 24 percent since the beginning of the year, while the Standard & Poor's 500 index has risen 6 percent. The stock has risen 34 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CMS at http://www.zacks.com/ap/CMS
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Keywords: CMS Energy, Earnings Report
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CMS Energy Corporation
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CODE : CMS |
ISIN : US1258961002 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
CMS Energy est une société de production minière basée aux Etats-Unis D'Amerique. CMS Energy est cotée aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 17,0 milliards US$ (15,9 milliards €). La valeur de son action a atteint son plus bas niveau récent le 18 avril 2014 à 0,12 US$, et son plus haut niveau récent le 24 avril 2024 à 60,28 US$. CMS Energy possède 282 420 406 actions en circulation. |