| CMS Energy (CMS) Beats on Q3 Earnings and Revenues | |
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CMS Energy Corp. CMS is the holding company of Consumers Energy Company (Consumers) and CMS Enterprises Company (Enterprises). This Jackson, MI based firm’s regulated electric power operations in Michigan generate a relatively stable and growing earnings stream.
The company is currently focused on several issues - capacity maximization, reliability improvement, clean power generation and infrastructure upgrade. It also continues to focus on its Smart Energy program, which will likely boost profits for the company going forward.
However, the possibility of lower gas and electric consumption and stringent environmental regulations are our major concern.
Estimates Revision & Earnings Surprise Trend
Investors should note that the third quarter Zacks Consensus Estimate for earnings of 49 cents per share has decreased by 1 cent over the last 7 days.
Currently, CMS Energy has a Zacks Rank #2 (Buy), but that could definitely change following CMS Energy’s earnings report which was just released.
Coming to the surprise, the company has reported positive earnings surprises in one of the last four quarters with an average negative earnings surprise of 6.54%.
We have mentioned below some of the vital information from this just-revealed announcement:
Earnings: CMS Energy’s third-quarter 2015 earnings surpassed the Zacks Consensus Estimate. Our consensus called for earnings of 49 cents per share, and the company reported earnings of 53 cents.
Revenue: The company’s revenues of $1,486 million for the third quarter also surpassed the consensus estimate of $1,458 million.
Key Stats to Note: CMS Energy raised the low end of its 2015 adjusted earnings per share guidance from the range of $1.86 to $1.89 per share to $1.87-$1.89.
Check back later for our full write up on this CMS Energy earnings report later!
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CMS Energy Corporation
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CODE : CMS |
ISIN : US1258961002 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
CMS Energy est une société de production minière basée aux Etats-Unis D'Amerique. CMS Energy est cotée aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 17,0 milliards US$ (14,9 milliards €). La valeur de son action a atteint son plus bas niveau récent le 18 avril 2014 à 0,12 US$, et son plus haut niveau récent le 28 mars 2024 à 60,34 US$. CMS Energy possède 282 420 406 actions en circulation. |