Will CMS Energy (CMS) Beat Estimates Again in Its Next Earnings Report?

Core Viewpoint - CMS Energy is positioned well to potentially beat earnings estimates in its upcoming quarterly report, supported by a solid history of performance in this regard [1][8]. Earnings Performance - In the last reported quarter, CMS Energy achieved earnings of $0.97 per share, exceeding the Zacks Consensus Estimate of $0.92 per share, resulting in a surprise of 5.43% [2]. - For the previous quarter, the company reported earnings of $1.05 per share against an expectation of $1.04 per share, delivering a surprise of 0.96% [2]. - The average surprise for the past two quarters stands at 3.20%, indicating a consistent ability to exceed expectations [6]. Earnings Estimates - There has been a favorable change in earnings estimates for CMS Energy, with a positive Zacks Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [3][8]. - The current Earnings ESP for CMS Energy is +0.39%, suggesting that analysts have recently become more optimistic about the company's earnings prospects [8]. Zacks Rank and Predictive Power - CMS Energy holds a Zacks Rank of 2 (Buy), which, when combined with a positive Earnings ESP, enhances the probability of an earnings surprise [8]. - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [7].