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Dec 31, 2023
CMS Energy Q4 2023 Earnings Report
CMS Energy reported strong 2023 results and raised 2024 adjusted EPS guidance.
Key Takeaways
CMS Energy announced earnings per share of $3.01 for 2023, compared to $2.85 per share for 2022, and adjusted earnings per share of $3.11 for 2023, compared to $2.89 per share for 2022. The company also increased its annual dividend by 11 cents per share to $2.06 for 2024 and raised its 2024 adjusted earnings guidance to $3.29 to $3.35 per share.
Reported earnings per share of $3.01 for 2023, compared to $2.85 per share for 2022.
Adjusted earnings per share for 2023 were $3.11, compared to $2.89 per share for 2022.
Increased annual dividend by 11 cents per share to $2.06 for 2024.
Raised 2024 adjusted earnings guidance to $3.29 to $3.35 per share from $3.27 to $3.33 per share.
Forward Guidance
CMS Energy raised its 2024 adjusted earnings guidance to $3.29 to $3.35 per share and reaffirmed long-term adjusted EPS growth of 6 to 8 percent, with continued confidence toward the high end.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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