$63.15
-1.12-1.74%
At close: Sep 22, 5:00 PM EST
$63.15
-1.12-1.74%
Pre-Market: 4:51 AM EST
CMS Energy Corp
CMSNYSE
CMS Energy Earnings & Forecasts
CMS Energy (CMS) earnings history, EPS estimates, revenue forecasts and company guidance.
Earnings Per Share (Non-GAAP)
Quarterly Revenue (Billions)
CMS Energy Guidance
CMS Energy (CMS) last issued guidance on July 28, 2026 for fiscal year 2026. The company guided earnings per share in the range of $4.08 - $4.17, compared to a consensus EPS estimate of $3.88.
Compared to prior guidance, CMS Energy raised its EPS outlook from a previous range of $3.83 - $3.9.
CMS Energy has issued 19 guidance updates between October 27, 2022 and July 28, 2026. During this period, the company raised its outlook 5 times, reflecting management's growing confidence in business performance.
Recent Earnings Results
| Metric | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $0.77 | $1.10 | $0.94 | $0.86 |
| Actual | $0.37 | $1.13 | $0.95 | $0.93 |
| Surprise | -51.9% | +2.73% | +1.06% | +8.14% |
| Revenue | ||||
| Estimate | $1.88B | $2.51B | $2.01B | $1.82B |
| Actual | $1.83B | $2.73B | $2.23B | $2.02B |
| Surprise | -2.89% | +8.61% | +11.3% | +11.3% |
Analyst Estimates — Forward PeriodsSource: Wall Street consensus
| Metric | Q3 '26E | Q4 '26E | Q1 '27E | Q2 '27E |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Consensus | $1.13 | $1.24 | $1.18 | $0.56 |
| Revenue | ||||
| Consensus | $2.16B | $2.33B | — | — |
