NYSE$CMS
CMS Energy Corp · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
CMS Energy's Q3 2024 earnings were announced, demonstrating an increase in both reported and adjusted EPS compared to the same quarter in 2023. The company reaffirmed its 2024 adjusted earnings guidance and introduced 2025 adjusted earnings guidance.
CMS Energy reported an increase in both reported and adjusted earnings per share for Q3 2024. The company reaffirmed its 2024 adjusted earnings guidance and introduced 2025 adjusted earnings guidance.
- Reported earnings per share increased to $0.84 for Q3 2024, compared to $0.60 per share for the same quarter in 2023.
- Adjusted earnings per share for Q3 2024 were $0.84, compared to $0.61 per share for the same quarter in 2023.
- 2024 adjusted earnings guidance of $3.29 to $3.35 per share was reaffirmed.
- 2025 adjusted earnings guidance of $3.52 to $3.58 per share was introduced.
Headline financials
Revenue & EPS history
CMS Energy · Revenue · Quarterly
$1.74B
Forward guidance
CMS Energy has reaffirmed its 2024 adjusted earnings guidance of $3.29 to $3.35 per share and introduced 2025 adjusted earnings guidance of $3.52 to $3.58 per share.
Tailwinds
- Continued confidence toward the high end of long-term adjusted EPS growth of 6 to 8 percent.
- Making needed investments as outlined in electric Reliability Roadmap.
- Burying wires to build a smarter and stronger grid.
- Installing sensors to build a smarter and stronger grid.
- Adding other technology to build a smarter and stronger grid.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2024
+0.1%
Avg return
Earnings day
+0.0%
Avg return
5 days after
+0.5%
Avg return
30 days after
55%
37 / 67 earnings
Positive
+3.9%
Q1 2011
Best reaction
-10.1%
Q1 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.2% | -0.0% | -4.3% | |
| Q3 2025 | +1.4% | +0.9% | +4.4% | |
| Q1 2025 | +1.3% | -2.0% | -0.7% | |
| Q4 2024 | -0.2% | -0.0% | -0.6% | |
| Q3 2024 | -2.6% | -1.4% | -0.6% | |
| Q2 2024 | +0.8% | +4.2% | +7.4% | |
| Q1 2024 | -0.6% | -2.8% | +0.4% | |
| Q4 2023 | +1.1% | -1.2% | +1.7% | |
| Q3 2023 | -0.3% | -0.2% | +5.8% | |
| Q2 2023 | -3.8% | -4.7% | -9.9% | |
| Q1 2023 | -0.2% | +1.5% | +1.7% | |
| Q4 2022 | -1.5% | -2.0% | -6.1% | |
| Q3 2022 | +3.6% | +2.5% | +9.6% | |
| Q2 2022 | +3.0% | +3.3% | +3.1% | |
| Q1 2022 | +1.6% | +1.6% | -1.9% | |
| Q4 2021 | +1.1% | +1.5% | +4.7% | |
| Q3 2021 | +0.0% | +0.1% | -0.4% | |
| Q2 2021 | -0.8% | +1.6% | +3.1% | |
| Q1 2021 | +0.0% | +0.8% | +5.5% | |
| Q4 2020 | +0.4% | -1.1% | -3.2% | |
| Q3 2020 | -1.0% | +2.1% | -3.1% | |
| Q2 2020 | -1.7% | -2.0% | -3.8% | |
| Q1 2020 | -10.1% | -11.9% | -7.8% | |
| Q4 2019 | +1.8% | +0.1% | -10.2% | |
| Q3 2019 | +0.6% | -0.5% | -2.4% | |
| Q2 2019 | +1.2% | +0.9% | +6.2% | |
| Q1 2019 | -1.0% | -0.8% | +0.0% | |
| Q4 2018 | -0.0% | +1.8% | +4.4% | |
| Q3 2018 | -4.7% | -3.6% | -2.0% | |
| Q2 2018 | +0.5% | +1.0% | +3.1% | |
| Q1 2018 | +2.9% | +2.6% | -0.5% | |
| Q4 2017 | +1.6% | +2.7% | +2.9% | |
| Q2 2017 | +1.6% | +2.7% | +2.9% | |
| Q3 2017 | +0.5% | +0.8% | +3.1% | |
| Q1 2017 | -0.2% | +0.1% | +4.4% | |
| Q4 2016 | +1.1% | +1.1% | +3.0% | |
| Q2 2016 | +1.1% | +1.1% | +3.0% | |
| Q3 2016 | -0.8% | -0.3% | -2.5% | |
| Q1 2016 | +1.6% | — | — | |
| Q2 2015 | -0.7% | — | — | |
| Q4 2015 | -0.7% | — | — | |
| Q3 2015 | -0.5% | — | — | |
| Q1 2015 | +0.3% | — | — | |
| Q2 2014 | -3.4% | — | — | |
| Q4 2014 | -3.4% | — | — | |
| Q3 2014 | +1.1% | — | — | |
| Q1 2014 | +1.1% | — | — | |
| Q4 2013 | +1.4% | — | — | |
| Q2 2013 | +1.4% | — | — | |
| Q3 2013 | +1.2% | — | — | |
| Q1 2013 | -0.5% | — | — | |
| Q4 2012 | +1.3% | — | — | |
| Q2 2012 | +1.3% | — | — | |
| Q3 2012 | +1.4% | — | — | |
| Q4 2011 | +3.2% | — | — | |
| Q1 2012 | +2.3% | — | — | |
| Q2 2011 | +0.7% | — | — | |
| Q3 2011 | +1.2% | — | — | |
| Q1 2010 | +3.9% | — | — | |
| Q1 2011 | +3.9% | — | — | |
| Q2 2010 | -1.1% | — | — | |
| Q4 2008 | -1.1% | — | — | |
| Q4 2010 | -1.1% | — | — | |
| Q3 2010 | +0.4% | — | — | |
| Q3 2009 | +0.4% | — | — | |
| Q2 2009 | -2.5% | — | — | |
| Q4 2009 | -2.5% | — | — |
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