CMS Energy(US:CMS)2025-10-30 10:41Earnings Performance - CMS Energy reported earnings per share of $0.92 for Q3 2025, up from $0.84 in Q3 2024, with adjusted earnings per share of $0.93 compared to $0.84 in the same quarter last year[1]. - For the first nine months of 2025, the company reported earnings per share of $2.59, an increase from $2.45 in the same period of 2024, with adjusted earnings per share of $2.66 compared to $2.47[1][2]. - CMS Energy raised its 2025 adjusted earnings guidance to a range of $3.56 to $3.60 per share, up from the previous range of $3.54 to $3.60[2]. - The company initiated 2026 adjusted earnings guidance of $3.80 to $3.87 per share, reaffirming long-term adjusted EPS growth of 6 to 8 percent[2]. Revenue and Income - Operating revenue for Q3 2025 was $2,021 million, compared to $1,743 million in Q3 2024, while operating income increased to $481 million from $367 million[9]. - Net income attributable to CMS Energy for Q3 2025 was $277 million, compared to $253 million in Q3 2024, with net income available to common stockholders at $275 million versus $251 million[9]. Assets and Liabilities - Total assets as of September 30, 2025, were $38,008 million, an increase from $35,920 million at the end of 2024[11]. - CMS Energy's total liabilities and equity as of September 30, 2025, were $38,008 million, reflecting an increase from $35,920 million at the end of 2024[11]. Cash Flow - Cash and cash equivalents at the end of Q3 2025 were $432 million, down from $467 million at the end of Q3 2024[14]. - The company reported net cash provided by operating activities of $1,757 million for the first nine months of 2025, compared to $1,967 million in the same period of 2024[14].