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Published on 28 Apr 2024 on Simply Wall St. via Yahoo Finance

CMS Energy Corporation Just Beat EPS By 5.1%: Here's What Analysts Think Will Happen Next


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Last week saw the newest first-quarter earnings release from CMS Energy Corporation (NYSE:CMS), an important milestone in the company's journey to build a stronger business. Revenues of US$2.2b came up short as it was 11% below what the analysts had predicted. Profits didn't suffer quite so much, with statutory per-share earnings of US$0.96 being coming in 5.1% above what was forecast. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on CMS Energy after the latest results.

See our latest analysis for CMS Energy

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NYSE.CMS price evolution

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