CMS Energy (CMS) Misses Q4 EPS by 1c; Raises Outlook
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CMS Energy Announces 2016 Earnings Of $1.98 Per Share (Reported) Up 5% From 2015; $2.02 Per Share (Adjusted) Up 7% From 2015
February 2, 2017 7:31 AM ESTJACKSON, Mich., Feb. 2, 2017 /PRNewswire/ -- CMS Energy announced today 2016 reported net income of $551 million, or $1.98 per share, compared to $523 million, or $1.89 per share for 2015. Adjusted net income for 2016 was $563 million, or $2.02 per share, at the high end of guidance, compared to $523 million or $1.89 per share for 2015.
CMS Energy raised guidance for 2017 adjusted earnings to $2.14 to $2.18 per share (*See below for important information about non-GAAP measures) building, as always over the last 14 years, on the company's actual high-end performance. CMS Energy has increased its... More
