CMS Energy updates FY24 earnings guidance to $3.29-$3.35/share, compared to consensus estimate of $3.33.

CMS Energy (NYSE:CMS) updates FY24 earnings guidance to $3.29-$3.35/share, compared to consensus estimate of $3.33. The company reported Q2 earnings per share of $0.65, down from $0.67 in 2023. CMS Energy reaffirms 2024 adjusted EPS guidance of $3.29-$3.35/share and long-term adjusted EPS growth of 6-8%. The consensus rating among analysts is "Moderate Buy", with an average 12-month price target of $64.20.

July 25, 2024
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