CMS Energy Corporation (NYSE: CMS) has announced that it will be releasing its financial results for the third quarter of 2024 on Thursday 31st October 2024. The report will be made available before market open, allowing investors and analysts to evaluate the company's performance during this period.
It is anticipated by financial experts on Wall Street that the firm is set to announce an estimated $0.78 profit per share for the quarter. Additionally, the firm is expected to disclose a total revenue of $1.88 billion for this period.
According to the Wall Street analysts projections, the company is expected to generate a total revenue of $7.81 billion for the fiscal year. Additionally, these analysts anticipate that the company will report profit of $3.33 per share during the same period.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $0.61. This figure was a result of the company's total revenue, which reached an impressive $1.67 billion during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.66 | -12.0% | 1.61 B | +3.3% |
| Q1 2024 | $0.97 | +38.6% | 2.18 B | -4.7% |
| Q4 2023 | $1.05 | +75.0% | 1.95 B | -14.4% |
| Q3 2023 | $0.61 | +8.9% | 1.67 B | -17.3% |
| Q2 2023 | $0.75 | +41.5% | 1.56 B | -19.0% |
| *Growth on year-over-year basis | ||||
CMS has scheduled a conference call on 31st October 2024 at 09:30 AM eastern time to discuss the third quarter financial results and other related information.
CMS Energy Corporation (CMS) closed Tuesday's regular trading session at $69.52, indicating a 2.3 percent decrease. The stock fluctuated between $69.47 and $70.68 during the day, with a volume of 1.73 million shares.
