CMS Energy CMS reported its Q4 earnings results on Thursday, February 3, 2022 at 08:00 AM.
Here's what investors need to know about the announcement.
CMS Energy beat estimated earnings by 6.82%, reporting an EPS of $0.47 versus an estimate of $0.44, which did not surprise analysts.
Revenue was up $235.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0, which was followed by a 0.61% drop in the share price the next day.
Here's a look at CMS Energy's past performance:
|Quarter||Q3 2021||Q2 2021||Q1 2021||Q4 2020|
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
CMS Energy management provided guidance for their next quarter, expecting earnings between $2.85 and $2.89 per share for the next quarter.
This represents a 510.64% in quarter-over-quarter growth for CMS Energy, a bullish signal to many investors.
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