CMS Energy Raises FY20 Adj. EPS Outlook - Quick Facts

(RTTNews) - While reporting its financial results for the fourth quarter on Thursday, CMS Energy (CMS) raised its outlook for 2020 adjusted earnings to a range of $2.64 to $2.68 per share, or 6 to 8 percent annual adjusted earnings per share growth.

On average, analysts polled by Thomson Reuters expected the company to report earnings of $2.67 per share for the year on revenues of $7.17 billion. Analysts' estimates typically exclude special items.

Longer-term, the company maintained its outlook for adjusted earnings per share growth of 6 to 8 percent, with a bias toward the midpoint.