CMS Energy (CMS) Q3 Earnings and Revenues Surpass Estimates

Core Insights - CMS Energy reported quarterly earnings of $0.93 per share, exceeding the Zacks Consensus Estimate of $0.86 per share, and showing an increase from $0.84 per share a year ago, resulting in an earnings surprise of +8.14% [1] - The company generated revenues of $2.02 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 11.17%, compared to $1.74 billion in the same quarter last year [2] - CMS Energy has outperformed consensus EPS estimates three times in the last four quarters and has also topped revenue estimates three times during the same period [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.00 on revenues of $2.12 billion, while for the current fiscal year, the estimate is $3.59 on revenues of $8.38 billion [7] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Utility - Electric Power industry, to which CMS Energy belongs, is currently ranked in the top 24% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]