CMS Energy (CMS) Q4 Earnings and Revenues Beat Estimates

Core Insights - CMS Energy reported quarterly earnings of $0.95 per share, exceeding the Zacks Consensus Estimate of $0.94 per share, and showing an increase from $0.87 per share a year ago, resulting in an earnings surprise of +1.28% [1] - The company achieved revenues of $2.23 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 5.92%, compared to $1.99 billion in the same quarter last year [2] - CMS Energy has outperformed the S&P 500 with a share price increase of about 2.4% since the beginning of the year, while the S&P 500 gained 0.5% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.16 on revenues of $2.49 billion, and for the current fiscal year, it is $3.85 on revenues of $8.81 billion [7] - The estimate revisions trend for CMS Energy was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Utility - Electric Power industry, to which CMS Energy belongs, is currently ranked in the top 35% 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]