Investing.com - CMS Energy (NYSE:CMS) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
CMS Energy announced earnings per share of $0.77 on revenue of $1.58B. Analysts polled by Investing.com anticipated EPS of $0.7 on revenue of $1.6B.
CMS Energy shares are up 1% from the beginning of the year, still down 7.52% from its 52 week high of $69.17 set on February 21. They are broadly in line with the S&P 500 which is up 1.25% from the start of the year.
CMS Energy follows other major Utilities sector earnings this month
CMS Energy's report follows an earnings beat by NextEra Energy on October 21, who reported EPS of $2.66 on revenue of $4.79B, compared to forecasts EPS of $2.59 on revenue of $5.44B.
Southern had beat expectations on Thursday with third quarter EPS of $1.22 on revenue of $5.62B, compared to forecast for EPS of $1.21 on revenue of $6.36B.
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