AI English summary of an SEC filing — figures as filed

CMS Energy said its diluted earnings per share were $0.96 for Q1 2024, compared with $0.69 for Q1 2023. Adjusted earnings per share were $0.97, compared with $0.70 for 2023.

8-KResults of Operations and Financial ConditionFiled Apr 25, 2024Period of report Apr 25, 2024Summary published (UTC) Oct 21, 2026

Key points

AI summary

CMS Energy said its diluted earnings per share were $0.96 for Q1 2024, compared with $0.69 for Q1 2023. Adjusted earnings per share were $0.97, compared with $0.70 for 2023.
The company cited higher weather-normalized sales and lower storm restoration costs as the main factors behind the year-over-year change in adjusted earnings per share for Q1. CEO Garrick Rochow said the winter was warmer than normal this year.
The company reaffirmed its 2024 adjusted earnings per share guidance of $3.29 to $3.35 and said it maintains long-term adjusted EPS growth of 6 to 8%, with continued confidence toward the high end.
CMS Energy reported operating income of $412 million for Q1 2024 ($314 million a year earlier), and net income available to common stockholders of $285 million ($202 million a year earlier). Net cash provided by operating activities was $956 million ($1,040 million a year earlier).

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Q1 2024 Earnings Per Share

CMS Energy said its diluted earnings per share were $0.96 for Q1 2024, compared with $0.69 for Q1 2023. Adjusted earnings per share were $0.97, compared with $0.70 for 2023.

Source · Based on the filing body and exhibits

Company Explanation of Change in Adjusted EPS

The company cited higher weather-normalized sales and lower storm restoration costs as the main factors behind the year-over-year change in adjusted earnings per share for Q1. CEO Garrick Rochow said the winter was warmer than normal this year.

Source · Based on the filing body and exhibits

CMS Energy Reaffirms 2024 Adjusted EPS Guidance

The company reaffirmed its 2024 adjusted earnings per share guidance of $3.29 to $3.35 and said it maintains long-term adjusted EPS growth of 6 to 8%, with continued confidence toward the high end.

Source · Based on the filing body and exhibits

Q1 Operating Income, Net Income and Operating Cash Flow

CMS Energy reported operating income of $412 million for Q1 2024 ($314 million a year earlier), and net income available to common stockholders of $285 million ($202 million a year earlier). Net cash provided by operating activities was $956 million ($1,040 million a year earlier).

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

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