CMS Energy Announces Third Quarter Results, Reaffirms 2026 and 2027 Adjusted EPS Guidance
CMS Energy reported Q3 2026 adjusted EPS of $1.44, up from $0.93 a year ago, while GAAP EPS fell to $0.39 from $0.92 due to a $456 million pretax impairment and restructuring charge at NorthStar Clean Energy. Q3 operating revenue rose to $2.18 billion from $2.02 billion, and year-to-date adjusted EPS improved to $2.95 from $2.66.
Key figures
- Eps
- 0.39
- Revenue
- 2183000000
- Guidance
- 2026 adjusted EPS $3.83-$3.90 reaffirmed; 2027 adjusted EPS $4.08-$4.17 reaffirmed; long-term adjusted EPS growth 6-8% with continued confidence toward the high end
- Revenue Yoy
- 8%
- Adjusted eps q3
- 1.44
- Adjusted eps ytd
- 2.95
- Diluted shares q3
- 313200000
- Q3 operating income
- 47000000
- Q3 revenue prior year
- 2021000000
- Ytd operating revenue
- 6742000000
- Adjusted eps q3 prior year
- 0.93
- Adjusted eps ytd prior year
- 2.66
- Impairment restructuring pretax
- 456000000
- Q3 net income available to common
- 121000000
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