CMS Energy Q3 2021 Earnings Report
Key Takeaways
CMS Energy announced earnings per share from continuing operations of $0.54 for the third quarter of 2021. The company raised its full-year 2021 adjusted earnings from continuing operations guidance to $2.63 to $2.65 per share and reaffirmed 2022 adjusted earnings guidance of $2.85 - $2.87 per share.
Reported earnings per share from continuing operations were $0.54 for Q3 2021, compared to $0.72 per share for the same quarter in 2020.
Adjusted earnings per share from continuing operations were $0.54 for Q3 2021, compared to $0.73 per share for the same quarter in 2020.
CMS Energy closed the sale of EnerBank on October 1 for over $1 billion.
Full-year 2021 adjusted earnings from continuing operations guidance raised to $2.63 to $2.65 per share.
CMS Energy
CMS Energy
Forward Guidance
CMS Energy raised its full-year 2021 adjusted earnings from continuing operations guidance to $2.63 to $2.65 per share and reaffirmed 2022 adjusted earnings guidance of $2.85 - $2.87 per share and long-term adjusted EPS growth of 6 to 8 percent, with continued confidence toward the high end of the EPS growth range.