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JACKSON, Mich. (AP) _ CMS Energy Corp. (CMS) on Thursday reported third-quarter profit of $94 million.
On a per-share basis, the Jackson, Michigan-based company said it had profit of 34 cents. Earnings, adjusted for restructuring costs, came to 37 cents per share.
The results missed Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 41 cents per share.
The energy company posted revenue of $1.43 billion in the period, which also fell short of Street forecasts. Analysts expected $1.53 billion, according to Zacks.
CMS Energy expects full-year earnings in the range of $1.76 to $1.78 per share.
CMS Energy shares have climbed 19 percent since the beginning of the year, while the Standard & Poor's 500 index has increased slightly more than 4 percent. The stock has increased 15 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. CMS stock research report from Zacks: http://www.zacks.com/ap/CMS
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Keywords:CMS Energy,Earnings Report
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CMS Energy Corporation
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CODE : CMS |
ISIN : US1258961002 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
CMS Energy est une société de production minière basée aux Etats-Unis D'Amerique. CMS Energy est cotée aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 16,9 milliards US$ (15,9 milliards €). La valeur de son action a atteint son plus bas niveau récent le 18 avril 2014 à 0,12 US$, et son plus haut niveau récent le 22 avril 2024 à 60,00 US$. CMS Energy possède 282 420 406 actions en circulation. |