CMS Energy Q1 Earnings Miss Estimates, Revenue Increase Y/Y

CMS Energy Corporation CMS reported first-quarter 2025 earnings per share (EPS) of $1.02, which missed the Zacks Consensus Estimate of $1.05 by 2.9%. However, the bottom line increased 5.2% from 97 cents per share in the prior-year quarter. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)CMS' RevenuesOperating revenues totaled $2.45 billion, which beat the Zacks Consensus Estimate of $2.24 billion by 8.9%. The top line also increased 12.5% from $2.18 billion in the prior-year quarter.CMS Energy Corporation Price, Consensus and EPS Surprise CMS Energy Corporation price-consensus-eps-surprise-chart | CMS Energy Corporation QuoteOperational Performance of CMSCMS' operating expenses amounted to $1.95 billion, up 10.7% from the year-ago quarter’s figure.Net income was $295 million, higher than the year-ago quarter’s figure of $263 million. Our model projected a net income of $329.2 million for the first quarter.Interest charges totaled $186 million, up 5.1% from that recorded a year ago.Financial Condition of CMSCMS Energy had cash and cash equivalents of $465 million as of March 31, 2025, compared with $103 million as of Dec. 31, 2024.As of March 31, 2025, total debt and financial leases (excluding securitization debt) were $16.31 billion compared with $15.87 billion as of Dec. 31, 2024.The net cash flow from operating activities amounted to $1 billion during the first three months of 2025 compared with $0.96 billion in the prior-year quarter.CMS' 2025 GuidanceCMS reaffirmed its 2025 bottom-line guidance. The company expects to generate adjusted EPS in the range of $3.54-$3.60. The Zacks Consensus Estimate for 2025 earnings is currently pegged at $3.59 per share, which lies just below the upper end of its guided range.The company also reaffirmed its long-term adjusted EPS growth to be in the band of 6-8%.CMS' Zacks RankCMS Energy currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.Recent Utility ReleasesNextEra Energy, Inc. NEE reported first-quarter 2025 adjusted earnings of 99 cents per share, which beat the Zacks Consensus Estimate of 97 cents by 2.1%. The company reported operating revenues of $6.24 billion, which lagged the  consensus estimate of $7.34 billion by 14.9%.FirstEnergy FE reported first-quarter 2025 operating earnings of 67 cents per share, which beat the Zacks Consensus Estimate of 60 cents by 11.7%. The company reported operating revenues of $3.77 billion, which surpassed the consensus estimate of $3.65 billion by 3.2%.An Upcoming Utility ReleaseEntergy ETR is scheduled to report its first-quarter 2025 results on April 29, before market open.The Zacks Consensus Estimate for sales is pegged at $3.01 billion, which indicates a 7.6% improvement from the year-ago quarter’s figure. The consensus estimate for earnings is pinned at 62 cents per share, which indicates year-over-year growth of 14.8%.Zacks Names #1 Semiconductor StockIt's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NextEra Energy, Inc. (NEE): Free Stock Analysis Report Entergy Corporation (ETR): Free Stock Analysis Report FirstEnergy Corporation (FE): Free Stock Analysis Report CMS Energy Corporation (CMS): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks