CMS Energy: 3Q Earnings Snapshot
JACKSON, Mich. (AP) _ CMS Energy Corp. (CMS) on Thursday reported third-quarter net income of $207 million.
On a per-share basis, the Jackson, Michigan-based company said it had profit of 73 cents.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 62 cents per share.
The energy company posted revenue of $1.55 billion in the period.
CMS Energy shares have risen 27% since the beginning of the year, while the Standard & Poor’s 500 index has risen 20%. The stock has risen 26% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CMS at https://www.zacks.com/ap/CMS