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CMS Energy Announces Second Quarter Results, Reaffirms 2024 Adjusted EPS Guidance
Prnewswire· 2024-07-25 10:30
CMS Energy reaffirmed its 2024 adjusted earnings guidance of $3.29 to $3.35 per share (*See below for important information about non-GAAP measures) and long-term adjusted EPS growth of 6 to 8 percent, with continued confidence toward the high end. "We are on track to deliver our full year earnings guidance after a strong first half of the year prioritizing investments in our electric and gas systems to deliver value for customers," said Garrick Rochow, President and CEO of CMS Energy and Consumers Energy. ...
What's in Store for These 4 Utilities This Earnings Season?
ZACKS· 2024-07-23 16:10
The Zacks Utilities sector's second-quarter 2024 earnings are expected to have been driven by planned investments to further improve operations, cost-saving initiatives, new electric and gas rates and usage of new technologies that helped in increasing the reliability of services. A few companies like CMS Energy Corporation (CMS) , Edison International (EIX) DTE Energy (DTE) and PG&E Corporation(PCG) are set to report second-quarter earnings on Jul 25. These announcements will provide an insight on how thin ...
CMS Energy's Board of Directors Declares Quarterly Dividend on Common Stock
Prnewswire· 2024-07-22 17:00
The dividend for the common stock (CUSIP: 125896100) is 51.50 cents per share. It is payable Aug. 30, 2024, to shareholders of record on Aug. 2, 2024. For more information on CMS Energy, please visit our website at cmsenergy.com. To sign up for email alert notifications, please visit the Investor Relations section of our website. JACKSON, Mich., July 22, 2024 /PRNewswire/ -- The Board of Directors of CMS Energy has declared a quarterly dividend on the company's common stock. CMS Energy (NYSE: CMS) is a Mich ...
eHealth Applauds Decision by CMS to Retain 2024 Medicare Compensation Guidelines for 2025
Prnewswire· 2024-07-19 13:00
AUSTIN, Texas, July 19, 2024 /PRNewswire/ -- Today eHealth, Inc. (Nasdaq: EHTH) (eHealth.com), a leading online private health insurance marketplace, applauded the decision by the Centers for Medicare and Medicaid Services (CMS) to temporarily retain CY2024 agent compensation rates for CY2025. CMS's decision comes in response to preliminary injunctions issued by the US District Court for the Northern District of Texas in the case of Americans for Beneficiary Choice v. HHS. In a recent survey of more than 2, ...
Will CMS Energy (CMS) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2024-07-18 17:15
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider CMS Energy (CMS) . This company, which is in the Zacks Utility - Electric Power industry, shows potential for another earnings beat. For the last reported quarter, CMS Energy came out with earnings of $0.97 per share versus the Zacks Consensus Estimate of $0.92 per share, representing a surprise of 5.43%. For the previous quar ...
CMS Energy (CMS) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
ZACKS· 2024-07-18 15:09
The earnings report, which is expected to be released on July 25, 2024, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. Zacks Consensus Estimate Revenues are expected to be $1.69 billion, up 8.8% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 1.74% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collective ...
CMS vs. NEE: Which Stock Is the Better Value Option?
ZACKS· 2024-07-17 16:46
Investors interested in Utility - Electric Power stocks are likely familiar with CMS Energy (CMS) and NextEra Energy (NEE) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look. There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank puts an emphasis on earni ...
Gauzy's Advanced Driver Assistance Systems (ADAS) Enhances Public Safety at the 2024 Paris Olympics With More Than 11 Million Expected Visitors
GlobeNewswire News Room· 2024-07-17 11:30
Gauzy is committed to enabling cities to take a proactive approach to enhance public transportation, safety and efficiency, while also considering concerns caused by an increase in micro-mobility. Paris joins multiple cities worldwide, including London, Brisbane, and Lyon that have already selected Gauzy's Smart-Vision CMS to make a positive impact on road safety. In addition to improving safety, Gauzy's smart-vision CMS offers several other benefits, including: Gauzy is proud to play an integral role in pu ...
CMS vs. NEE: Which Stock Should Value Investors Buy Now?
ZACKS· 2024-07-16 16:46
CMS Energy and NextEra Energy are sporting Zacks Ranks of #2 (Buy) and #3 (Hold), respectively, right now. This means that CMS's earnings estimate revision activity has been more impressive, so investors should feel comfortable with its improving analyst outlook. But this is only part of the picture for value investors. Investors interested in Utility - Electric Power stocks are likely familiar with CMS Energy (CMS) and NextEra Energy (NEE) . But which of these two companies is the best option for those loo ...
NorthStar Clean Energy, an Innovative Renewable Energy and Decarbonization Solutions Provider, relocates headquarters to Ann Arbor, Michigan
Prnewswire· 2024-07-15 11:00
The new headquarters, located in the burgeoning technology and innovation area of Ann Arbor, will serve as the central hub for NorthStar's operations, research, and development. This relocation reflects the company's dedication to expanding its impact on both local and national scales. NorthStar Clean Energy's relocation will kick off with a ribbon cutting ceremony alongside the Ann Arbor / Ypsilanti Regional Chamber on Tuesday, July 16th. The company will host an open house event to welcome the community a ...