Quarterly ResultApr 28, 2026, 06:42 AM
CMS Q1 Adjusted EPS $1.13; Reaffirms 2026 Guidance
AI Summary
CMS Energy reported strong first-quarter 2026 results, with adjusted earnings per share increasing to $1.13 from $1.02 in the prior year. The company also reaffirmed its 2026 adjusted EPS guidance of $3.83 to $3.90 per share, expressing continued confidence toward the high end. This performance reflects strong execution and positions the company well for the year.
Key Highlights
- Q1 2026 adjusted EPS rose to $1.13, up from $1.02 in Q1 2025.
- Q1 2026 reported EPS was $1.10, compared to $1.01 in Q1 2025.
- Reaffirmed 2026 adjusted EPS guidance of $3.83 to $3.90, confident toward high end.
- Long-term adjusted EPS growth reaffirmed at 6% to 8%.
- Net Income Available to Common Stockholders increased to $338M from $302M YoY.
- Operating revenue grew to $2,730M in Q1 2026 from $2,447M in Q1 2025.
- Planned 2026 financings include ~$2.4B of net liquidity.