CMS Energy (CMS Quick QuoteCMS - Free Report) reported $1.84 billion in revenue for the quarter ended June 2025, representing a year-over-year increase of 14.4%. EPS of $0.71 for the same period compares to $0.66 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $1.69 billion, representing a surprise of +8.94%. The company delivered an EPS surprise of +5.97%, with the consensus EPS estimate being $0.67.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how CMS Energy performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Operating revenue- NorthStar Clean Energy: $92 million versus the three-analyst average estimate of $89.91 million. The reported number represents a year-over-year change of +24.3%.
• Operating revenue- Consumers Energy (Electric+Gas): $1.75 billion compared to the $1.6 billion average estimate based on three analysts.
• Operating revenue- Gas utility: $387 million versus the two-analyst average estimate of $353.4 million. The reported number represents a year-over-year change of +26.1%.
• Operating revenue- Electric utility: $1.36 billion versus the two-analyst average estimate of $1.23 billion. The reported number represents a year-over-year change of +10.9%.

View all Key Company Metrics for CMS Energy here>>>

Shares of CMS Energy have returned +3.6% over the past month versus the Zacks S&P 500 composite's +2.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.