CMS Energy Corp. Q1 adjusted earnings Beat Estimates

(RTTNews) - CMS Energy Corp. (CMS) released earnings for its first quarter that rose from the same period last year.

The company's profit came in at $241 million, or $0.86 per share. This compares with $199 million, or $0.71 per share, in last year's first quarter.

Excluding items, CMS Energy Corp. reported adjusted earnings of $241 million or $0.86 per share for the period.

Analysts had expected the company to earn $0.82 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 6.6% to $1.95 billion from $1.83 billion last year.

CMS Energy Corp. earnings at a glance:

-Earnings (Q1): $241 Mln. vs. $200 Mln. last year. -EPS (Q1): $0.86 vs. $0.71 last year. -Analysts Estimate: $0.82 -Revenue (Q1): $1.95 Bln vs. $1.83 Bln last year.

-Guidance: Full year EPS guidance: $2.30 - $2.34