CMS Energy Q4 Earnings Surpass Estimates, Revenues Increase Y/Y

CMS Energy Corporation CMS reported fourth-quarter 2025 earnings per share (EPS) of 95 cents, which beat the Zacks Consensus Estimate of 94 cents by 1.3%. The bottom line also increased 9.2% from 87 cents in the prior-year quarter.For 2025, CMS reported adjusted earnings of $3.61 per share, which were higher than the last year’s figure of $3.34. This was due to outperformance at NorthStar Clean Energy.CMS' RevenuesOperating revenues totaled $2.23 billion, which beat the Zacks Consensus Estimate of $2.11 billion by 5.9%. The top line also increased 12.3% from $1.99 billion in the prior-year quarter.The company reported revenues of $8.54 billion in 2025, which were higher than $7.52 billion in 2024. 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 $1.8 billion, up 14.4% from the year-ago quarter’s figure.Operating income was $435 million, higher than the year-ago quarter’s figure of $425 million. Interest charges totaled $201 million, up 11.7% from that recorded in the year-ago quarter.Financial Condition of CMSCMS Energy had cash and cash equivalents of $509 million as of Dec. 31, 2025, compared with $103 million as of Dec. 31, 2024.As of Dec. 31, 2025, total debt and financial leases (excluding securitization debt) were $18.31 billion compared with $15.87 billion as of Dec. 31, 2024.The net cash flow from operating activities was $2.24 billion in 2025 compared with $2.37 billion last year.CMS' 2026 GuidanceThe company raised its 2026 adjusted earnings guidance to $3.83-$3.90 per share from $3.80-$3.87 per share. The Zacks Consensus Estimate for 2026 earnings is currently pegged at $3.85, lower than the midpoint of the company’s newly guided range.CMS also reaffirmed its long-term adjusted EPS growth 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.Upcoming Utility ReleasesEdison International EIX is scheduled to report fourth-quarter results on Feb. 18, after market close. The Zacks Consensus Estimate for earnings is pegged at $1.47 per share, which suggests a year-over-year increase of 40%.EIX’s long-term (three to five years) earnings growth rate is 10.93%. The Zacks Consensus Estimate for fourth-quarter sales is pinned at $4.41 billion, which implies a year-over-year improvement of 10.8%.Alliant Energy LNT is slated to report fourth-quarter results on Feb. 19, after market close. The Zacks Consensus Estimate for earnings is pegged at 58 cents per share, which implies a year-over-year decrease of 17.1%.LNT’s long-term earnings growth rate is 7.15%. The Zacks Consensus Estimate for fourth-quarter sales is pinned at $937.84 million, which implies a year-over-year decline of 3.9%.The AES Corporation AES is slated to report fourth-quarter results on Feb. 26, after market close. The Zacks Consensus Estimate for earnings is pegged at 63 cents per share, which implies a year-over-year increase of 16.7%.AES’ long-term earnings growth rate is 11.17%. The Zacks Consensus Estimate for fourth-quarter sales is pinned at $3.47 billion, which implies year-over-year growth of 17.3%. Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.Free: See Our Top Stock And 4 Runners UpWant 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 Edison International (EIX): Free Stock Analysis Report CMS Energy Corporation (CMS): Free Stock Analysis Report The AES Corporation (AES): Free Stock Analysis Report Alliant Energy Corporation (LNT): 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