CMS Energy revises 2024 EPS guidance to $3.29-$3.35, raises Q4 dividend to $0.515.
CMS Energy, based in Michigan, revised its FY 2024 earnings guidance to $3.29-$3.35 per share, slightly below the consensus of $3.33. For FY 2025, it forecasts $3.52-$3.58 per share. The company reported a Q3 net income of $251 million, up from $174 million last year, with earnings per share at $0.84. Revenue rose to $1.74 billion but fell short of analyst expectations. CMS Energy also announced a quarterly dividend increase to $0.515.
October 31, 2024
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