CMS Energy Corporation (CMS), headquartered in Jackson, Michigan, operates as an energy company that provides electricity and natural gas to its customers. Valued at $20.7 billion by market cap, the company also invests in and operates non-utility power generation plants in the U.S. and abroad. The leading energy company is expected to announce its fiscal third-quarter earnings for 2024 before the market opens on Thursday, Oct. 31.
Ahead of the event, analysts expect CMS to report a profit of $0.78 per share on a diluted basis, up 27.9% from $0.61 per share in the year-ago quarter. The company beat the consensus estimates in three of the last four quarters while missing the forecast on another occasion.
