CMS Energy Corporation (CMS)
CMS Energy Corporation (CMS) Q4 2024 Earnings Call Transcript
CMS Energy Corporation (NYSE:CMS ) Q4 2024 Earnings Conference Call February 6, 2025 9:30 AM ET Company Participants Jason Shore – Treasurer and Vice President-Investor Relations Garrick Rochow – President and Chief Executive Officer Rejji Hayes – Executive Vice President and Chief Financial Officer Conference Call Participants Julien Dumoulin-Smith – Jefferies Jeremy Tonet – JPMorgan Michael Sullivan – Wolfe Research Andrew Weisel – Scotiabank Nicholas Campanella – Barclays Durgesh Chopra – Evercore David Arcaro – Morgan Stanley Travis Miller – Morningstar Operator Good morning, everyone, and welcome to the CMS Energy 2024 Year-End Results. The earnings news release issued earlier today and the presentation used in this webcast are available on CMS Energy website in the Investor Relations section.
CMS Energy Surpasses Q4 Earnings Estimates, Hikes '25 EPS View
CMS' fourth-quarter revenues miss the Zacks Consensus Estimate by 7.1%. However, the top line increases 2% from the year-ago level.
CMS Energy (CMS) Reports Q4 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for CMS Energy (CMS) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
CMS Energy (CMS) Tops Q4 Earnings Estimates
CMS Energy (CMS) came out with quarterly earnings of $0.87 per share, beating the Zacks Consensus Estimate of $0.86 per share. This compares to earnings of $1.05 per share a year ago.
Insights Into CMS Energy (CMS) Q4: Wall Street Projections for Key Metrics
Besides Wall Street's top -and-bottom-line estimates for CMS Energy (CMS), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2024.
CMS or PEG: Which Is the Better Value Stock Right Now?
Investors looking for stocks in the Utility - Electric Power sector might want to consider either CMS Energy (CMS) or PSEG (PEG). But which of these two stocks presents investors with the better value opportunity right now?
Why CMS Energy (CMS) is a Top Value Stock for the Long-Term
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I'm Loading Up On Utilities Like CMS Energy
CMS Energy has raised its dividend for 17 consecutive years and has a realistic path to high-single-digit annual adjusted EPS growth. The company enjoys a BBB+ credit rating and shares are priced at a 6% discount to fair value, offering potential 10% annual total returns. CMS' third-quarter results were solid, with a 37.7% year-over-year increase in adjusted EPS, and the company has a strong economic development pipeline in Michigan.
CMS Energy Rides on Investments & Expansion of Renewable Portfolio
CMS is expected to benefit from its strategic investment plan and expansion of its renewable generation portfolio.
CMS Energy's Arm Announces Plans to Upgrade Natural Gas System
CMS's unit, Consumer Energy, reveals a plan to modernize Michigan's natural gas system to boost safety, reliability and efficiency of its infrastructure.
CMS Energy: Continuing On A Steady Path
CMS Energy, a major Michigan utility, serves 6.8 million residents and has a market cap of $20.03 billion. The company serves most of the state outside of Detroit. The population of Michigan appears rather stagnant, so the company will likely have difficulty generating growth through the addition of new customers. CMS Energy plans to invest $17 billion from 2024-2028, aiming for 7.5% rate base growth.
CMS Energy Rides on Investments and Expansion of Renewable Portfolio
CMS is expected to benefit from its systematic investment plan and expansion of its renewable generation portfolio.
