JACKSON, Mich. , Oct. 31, 2024 /PRNewswire/ -- CMS Energy announced today reported earnings per share of $0.
84 for the third quarter of 2024, compared to $0.60 per share for the same quarter in 2023. The company's adjusted earnings per share for the third quarter were $0.
84 , compared to $0.61 per share for the same quarter in 2023. For the first nine months of the year, the company reported $2.
45 per share compared to $1.96 per share for the same timeframe in 2023. The company's adjusted earnings per share on a year-to-year basis were $2.
47 in 2024, compared to $2.06 per share in 2023, largely due to constructive regulatory outcomes and solid performance at NorthStar Clean Energy. CMS Energy reaffirmed its 2024 adjusted earnings guidance of $3.
29 to $3.35 per share (*See below for important information about non-GAAP measures) and long-term adjusted EPS growth of 6 to 8 percent, with continued confidence toward the high end. The Company also introduced 2025 adjusted earnings guidance of $3.
52 to $3.58 per share. "We continue to make needed investments as outlined in our electric Reliability Roadmap by burying wires, installing sensors and adding other technology to build a smarter and stronger grid.
We are committed in our efforts to shorten the length and impact of power outages for our customers and are well positioned to deliver for all stakeholders in 2024 and beyond," said Garrick Rochow , President and CEO of CMS Energy and Consumers Energy. CMS Energy (NYSE: CMS) is a.
