Please wait while we load the requested 10-Q report or click the link below:
https://last10k.com/sec-filings/report/811156/000081115618000005/consumersenergy10q09302018.htm
February 2023
January 2023
December 2022
November 2022
October 2022
July 2022
June 2022
May 2022
May 2022
April 2022
CMS ENERGY ANNOUNCES THIRD QUARTER EARNINGS OF $0.59 PER SHARE, RAISES 2018 GUIDANCE AND INTRODUCES 2019 GUIDANCE
JACKSON, Mich., October 25, 2018 CMS Energy announced today reported net income of $169 million, or $0.59 per share, for the third quarter of 2018. For the first nine months of the year, the company announced reported net income available to common stockholders of $549 million or $1.94 per share, and adjusted earnings per share of $1.93. The company raised its guidance for 2018 adjusted earnings per share to $2.31 - $2.34 per share (*See below for important information about non-GAAP measures). Additionally, CMS Energy introduced 2019 adjusted earnings per share guidance of $2.46 to $2.50, reflecting continued growth of 6 to 8 percent.
With strong operational and financial performance year-to-date, we are confident in our ability to continue to produce consistent, industry-leading results, said Patti Poppe, President and CEO of CMS Energy and Consumers Energy. Our mindset remains focused on finishing this year strong with an eye toward the future. Looking ahead to 2019 and beyond, our long-term adjusted EPS growth remains at 6 to 8 percent with a bias toward the midpoint. Our EPS and dividend growth rates offer one of the best total shareholder returns in the industry.
CMS Energy noted several accomplishments in the third quarter:
· Replacing a record level of vintage gas service lines statewide improving safety and reliability for the residents of Michigan
· Continuing work on our multi-year, $800-million upgrade to the Ludington Pumped Hydro Storage Facility which will increase the plants generating capacity by 50 MW a unit, for a total summer capacity of nearly 2,300 MW
· Donating $2 million to date in low-income heating assistance to keep families in Michigan safe and warm this winter season
Im proud of the team and the results we are delivering for our customers and investors, said Poppe.
Please wait while we load the requested 10-Q report or click the link below:
https://last10k.com/sec-filings/report/811156/000081115618000005/consumersenergy10q09302018.htm
Compare this 10-Q Quarterly Report to its predecessor by reading our highlights to see what text and tables were removed , added and changed by Cms Energy Corp.
Cms Energy Corp's Definitive Proxy Statement (Form DEF 14A) filed after their 2018 10-K Annual Report includes:
Financial Statements, Disclosures and Schedules
Inside this 10-Q Quarterly Report
Material Contracts, Statements, Certifications & more
Cms Energy Corp provided additional information to their SEC Filing as exhibits
Ticker: CMS
CIK: 811156
Form Type: 10-Q Quarterly Report
Accession Number: 0000811156-18-000005
Submitted to the SEC: Thu Oct 25 2018 9:47:32 AM EST
Accepted by the SEC: Thu Oct 25 2018
Period: Sunday, September 30, 2018
Industry: Electric And Other Services Combined