Jackson, Michigan-based CMS Energy Corporation (CMS) operates as an energy utilities company. With a market cap of $22.2 billion, CMS Energy operates through the Electric Utility, Gas Utility, and Enterprises segment, providing electricity and natural gas to millions of residents in Michigan.
The utilities giant is expected to announce its third-quarter results by the end of October. Ahead of the event, analysts expect CMS to report an adjusted profit of $0.86 per share, up 2.4% from $0.84 per share reported in the year-ago quarter. While the company has missed the Street’s bottom-line estimates once over the past four quarters, it has surpassed the projections on three other occasions.
