CMS Energy Posts $123 Million Q3 Profit, Adjusted EPS of $1.44 Beats Analyst Estimates

CMS Energy Corp. (CMS) on Tuesday reported a third-quarter profit of $123 million, or 39 cents per share, with adjusted earnings of $1.44 per share surpassing Wall Street expectations. The Jackson, Michigan-based energy company beat the average estimate of $1.34 per share from four analysts surveyed by Zacks Investment Research. Revenue came in at $2.18 billion for the period, meeting Street forecasts. Looking ahead, CMS Energy expects full-year earnings in the range of $3.83 to $3.90 per share.