CMS Energy Corp. (CMS Quick QuoteCMS - Free Report) is the holding company of Consumers Energy Company (Consumers) and CMS Enterprises Company (Enterprises). This Jackson, MI based firm’s regulated electric power operations in Michigan generate a relatively stable and growing earnings stream.

CMS Energy Corporation Price and EPS Surprise

Earnings Surprise Trend

Coming to the surprise, the company has reported positive earnings surprises in two of the last four quarters with an average positive earnings surprise of 0.61%.

Zacks Rank

Currently, CMS Energy has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

We have mentioned below some of the vital information from this just-revealed announcement:

Earnings: CMS Energy’s first-quarter 2018 adjusted earnings were 86 cents, which surpassed the Zacks Consensus Estimate of 82 cents per share by 4.9%.

Revenue: The company reported revenues of $1,953 million for the first-quarter which surpassed the Zacks Consensus Estimate of $1,829 million by 6.8%.

Key Stats : CMS Energy reaffirmed its guidance for 2018 adjusted earnings of $2.30 - $2.34 per share.

Check back later for our full write up on this CMS Energy earnings report later!

More Stock News: This Is Bigger than the iPhone!

It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.

Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.

Click here for the 6 trades >>