CMS Energy (CMS) plans to install smart technology devices to reduce power outages and make the grid reliable for its customers in Michigan.
CMS Energy Corporation (NYSE:CMS) Q1 2024 Earnings Call Transcript April 25, 2024 CMS Energy Corporation beats earnings expectations. Reported EPS is $0.97, expectations were $0.94. CMS Energy Corporation isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning everyone, and […]
CMS Energy reported a rise in first-quarter profit on Thursday, as the electric and gas utility benefitted from higher sales and improved weather which lowered storm-related restoration costs. Operating expenses for the first quarter, which include restoration costs, fell to $1.76 billion from $1.97 billion in the year-ago quarter. U.S. natural gas futures fell about 30% sequentially in the January-March quarter, which helped utilities such as CMS Energy reduce their costs.