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Dec 31, 2019
CMS Energy Q4 2019 Earnings Report
CMS Energy announced its 2019 results, delivering its 17th consecutive year of strong performance and raised its 2020 adjusted EPS guidance.
Key Takeaways
CMS Energy reported a net income of $680 million or $2.39 per share for 2019, compared to $657 million or $2.32 per share for 2018. The company's adjusted net income was $708 million or adjusted earnings per share of $2.49 for 2019, compared to $2.33 for 2018. CMS Energy raised its guidance for 2020 adjusted earnings to $2.64 - $2.68 per share.
CMS Energy announced 2019 reported net income of $680 million or $2.39 per share.
Adjusted net income was $708 million, with adjusted earnings per share at $2.49 for 2019.
The company raised its guidance for 2020 adjusted earnings to $2.64 - $2.68 per share.
Longer-term, adjusted earnings per share growth remains at 6 to 8 percent with a bias toward the midpoint.