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CMS Energy (CMS) Q3 Earnings Beat Estimates
ZACKS· 2024-10-31 12:35
CMS Energy (CMS) came out with quarterly earnings of $0.84 per share, beating the Zacks Consensus Estimate of $0.78 per share. This compares to earnings of $0.61 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.69%. A quarter ago, it was expected that this energy company would post earnings of $0.63 per share when it actually produced earnings of $0.66, delivering a surprise of 4.76%.Over the last four quarters, the company h ...
CMS Energy(CMS) - 2024 Q3 - Quarterly Results
2024-10-31 10:43
Exhibit 99.1 CMS Energy Announces Third Quarter Results, Introduces 2025 Guidance JACKSON, Mich., Oct. 31, 2024 – CMS Energy announced today reported earnings per share of $0.84 for the third quarter of 2024, compared to $0.60 per share for the same quarter in 2023. The company's adjusted earnings per share for the third quarter were $0.84, compared to $0.61 per share for the same quarter in 2023. For the first nine months of the year, the company reported $2.45 per share compared to $1.96 per share for the ...
CMS Energy Announces Third Quarter Results, Introduces 2025 Guidance
Prnewswire· 2024-10-31 10:30
JACKSON, Mich., Oct. 31, 2024 /PRNewswire/ -- CMS Energy announced today reported earnings per share of $0.84 for the third quarter of 2024, compared to $0.60 per share for the same quarter in 2023. The company's adjusted earnings per share for the third quarter were $0.84, compared to $0.61 per share for the same quarter in 2023. For the first nine months of the year, the company reported $2.45 per share compared to $1.96 per share for the same timeframe in 2023. The company's adjusted earnings per share o ...
HeartCore Expands its CMS Platform Offering into a SaaS Delivery Model
GlobeNewswire News Room· 2024-10-30 12:30
Core Insights - HeartCore Enterprises, Inc. has expanded its flagship CMS platform to include a Software as a Service (SaaS) model alongside its traditional on-premises version [1][2] - The company will utilize Amazon Web Services (AWS) infrastructure to enhance product capabilities, including a redesigned user interface and improved Management Screen Builder [2][3] - HeartCore aims to diversify its revenue streams by increasing recurring sales through license subscriptions and maintenance fees, projecting a 115% sales growth in its software business due to this transition [2][3] Company Overview - HeartCore Enterprises is a leading enterprise software and consulting services company headquartered in Tokyo, Japan, offering SaaS solutions and data analytics services [4] - The company's customer experience management platform includes various systems and tools designed to enhance customer engagement [4] - HeartCore also provides digital transformation services, including robotics process automation and consulting services to assist Japanese companies in going public in the U.S. [4]
Stay Ahead of the Game With CMS Energy (CMS) Q3 Earnings: Wall Street's Insights on Key Metrics
ZACKS· 2024-10-29 14:21
Analysts on Wall Street project that CMS Energy (CMS) will announce quarterly earnings of $0.78 per share in its forthcoming report, representing an increase of 27.9% year over year. Revenues are projected to reach $1.83 billion, increasing 9.5% from the same quarter last year. The current level reflects an upward revision of 0.3% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections ...
CMS Energy (CMS) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
ZACKS· 2024-10-24 15:06
Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for CMS Energy, with a focus on how actual results compare to estimates, which could significantly impact stock price [1] Earnings Expectations - CMS Energy is expected to report quarterly earnings of $0.78 per share, reflecting a year-over-year increase of +27.9% [2] - Revenues are projected to be $1.83 billion, representing a 9.6% increase from the same quarter last year [2] Estimate Revisions - The consensus EPS estimate has been revised 0.27% higher in the last 30 days, indicating a slight positive reassessment by analysts [3] - However, the Most Accurate Estimate for CMS Energy is lower than the Zacks Consensus Estimate, leading to an Earnings ESP of -0.13%, suggesting a bearish outlook [6] Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a favorable Zacks Rank [5] - CMS Energy currently holds a Zacks Rank of 4, which complicates the prediction of an earnings beat [6] Historical Performance - In the last reported quarter, CMS Energy exceeded expectations by posting earnings of $0.66 per share against an estimate of $0.63, resulting in a surprise of +4.76% [7] - Over the past four quarters, CMS Energy has beaten consensus EPS estimates three times [7] Conclusion - Despite the potential for an earnings beat, CMS Energy does not appear to be a compelling candidate for a positive surprise based on current estimates and rankings [8]
HeartCore Shifts its CMS Licensing Contracts to Drive Longer and Increased Sales Contracts
GlobeNewswire News Room· 2024-10-22 12:30
NEW YORK and TOKYO, Oct. 22, 2024 (GLOBE NEWSWIRE) -- HeartCore Enterprises, Inc. (Nasdaq: HTCR) (“HeartCore” or “the Company”), a leading enterprise software and data consulting services company based in Tokyo, announced a strategic shift from annual contracts to multi-year agreements around its core software business contracts. Since achieving profitability across its software business in Q1 2024, HeartCore has maintained a strong focus on its sales and marketing strategies to drive growth and sustain pos ...
Consumers Energy Foundation Announces $500,000 for Projects in Ogemaw, Genesee Counties
Prnewswire· 2024-10-16 13:33
JACKSON, Mich., Oct. 16, 2024 /PRNewswire/ -- The Consumers Energy Foundation announced its 2024 Prosperity Award Winners today, with recipients in West Branch and Mundy Township each receiving $250,000 in grant funding for projects in their communities. The Prosperity Awards, one of three signature grant rounds offered by the Foundation each year, aim to support economic development and improve community welfare. "Accessible parks and inviting green spaces are a vital part of any thriving community," said ...
Helius Medical Technologies, Inc. Announces Reimbursement Payment Determination Updates from CMS for its Portable Neuromodulation Stimulator (PoNS®) Controller and Mouthpiece
GlobeNewswire News Room· 2024-10-14 21:00
-- Reimbursement Determination for the PoNS Mouthpiece (HCPCS code A4594) set at $2,963.30 on Lump Sum Payment to be challenged by Helius -- -- National Reimbursement Payment Determination from CMS for its PoNS Controller Deferred to the Next Cycle -- NEWTOWN, Pa., Oct. 14, 2024 (GLOBE NEWSWIRE) -- Helius Medical Technologies, Inc. (Nasdaq:HSDT) ("Helius" or the "Company"), a neurotech company focused on delivering a novel therapeutic neuromodulation approach for balance and gait deficits, today announced t ...
CMS Energy to Announce Third Quarter Results on October 31
Prnewswire· 2024-10-10 20:30
JACKSON, Mich., Oct. 10, 2024 /PRNewswire/ -- CMS Energy announced today it will provide 2024 third quarter results along with a business and financial outlook at 9:30 a.m. EDT on Thursday, October 31, 2024. A webcast of the presentation will be available on CMS Energy's website, cmsenergy.com. An audio replay will be available approximately three hours after the webcast and will be archived for 30 days on CMS Energy's website in the "Investor Relations" section. CMS Energy (NYSE: CMS) is a Michigan-based e ...