CMS Energy Q2 2023 Earnings Report

CMS Energy reported mixed second-quarter results, reaffirming its 2023 adjusted EPS guidance.

Key Takeaways

CMS Energy reported earnings per share of $0.67 for the second quarter of 2023, compared to $0.50 per share for the same quarter in 2022. The company's adjusted earnings per share for the second quarter of 2023 were $0.75, compared to $0.53 per share for the same quarter in 2022. CMS Energy reaffirmed its 2023 adjusted earnings guidance of $3.06 to $3.12 per share and reaffirmed long-term adjusted EPS growth of 6 to 8 percent.

Reported earnings per share of $0.67 for the second quarter of 2023, compared to $0.50 per share for the same quarter in 2022.

Adjusted earnings per share for the second quarter of 2023 were $0.75, compared to $0.53 per share for the same quarter in 2022.

Reaffirmed 2023 adjusted earnings guidance of $3.06 to $3.12 per share.

Reaffirmed long-term adjusted EPS growth of 6 to 8 percent.

Total Revenue

$1.56B

Previous year: $1.92B