- CMS Energy reported a strong first quarter with operating revenue of $2.45 billion, which is a 12% increase year-over-year and exceeded the estimated $2.25 billion.
- The company’s adjusted earnings per share (EPS) reached $1.02, compared to 97 cents from the previous year.
- Operating expenses for CMS Energy rose to $1.95 billion, marking an 11% increase year-over-year, surpassing the estimated $1.68 billion.
- Operating income came in at $494 million, a 20% increase year-over-year, and slightly above the estimated $489.1 million.
- CMS Energy reiterated its adjusted earnings guidance for 2025 at $3.54 to $3.60 per share.
- The company maintains a long-term adjusted EPS growth target of 6% to 8%, with confidence in reaching the higher end of this range.
- Market analysts have rated CMS Energy with 11 buy recommendations, 8 holds, and 1 sell.
Cms Energy Corp on Smartkarma
Analysts at Baptista Research on Smartkarma are bullish on CMS Energy Corp’s future, as indicated in their recent research reports. In one report titled “CMS Energy: Expanding Renewable Energy Capabilities For A Competitive Edge In The Evolving Energy Landscape!“, the company’s strong operational performance and future investment plans were highlighted. CMS Energy reported adjusted net income for 2024 of $998 million, reflecting $3.34 per share, towards the upper range of their guidance. This performance was attributed to effective cost management and strategic investments in customer service and renewable energy.
In another report by Baptista Research, “CMS Energy Corporation: Can Its Renewable Energy Expansion Give Them A Competitive Edge? – Major Drivers,” the analysts delve into the opportunities and challenges facing the company. Despite these challenges, CMS Energy reaffirmed its financial guidance, expecting an adjusted earnings per share (EPS) range of $3.29 to $3.35 for the year, with a positive outlook towards the higher end. Key factors supporting this performance include favorable weather conditions, beneficial rate outcomes, and operational efficiencies in storm response, mitigating increased insurance and IT costs.
A look at Cms Energy Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Cms Energy Corp appears to have a positive long-term outlook. With a strong momentum score of 5, the company is showing good upward trends that could potentially lead to further growth. Additionally, its dividend score of 4 indicates a solid track record of distributing profits to shareholders. While the value, growth, and resilience scores are all at a neutral level of 3, the overall picture looks promising for Cms Energy Corp.
CMS Energy Corporation, a Michigan-based energy company, is focused on providing electricity and natural gas services to customers in its region. In addition to its utility services, the company also has investments in power generation plants both in the United States and internationally. With a balanced set of Smart Scores, including a strong momentum score, Cms Energy Corp seems well-positioned for future success in the energy sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
