Investing.com - CMS Energy reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
CMS Energy announced earnings per share of $0.4 on revenue of $2.03B. Analysts polled by Investing.com anticipated EPS of $0.4584 on revenue of $1.74B.
CMS Energy shares are down 4% from the beginning of the year and are trading at $63.97 , down-from-52-week-high.They are broadly in line with the S&P 500 which is down 3.71% 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 January 25, who reported EPS of $0.41 on revenue of $5.05B, compared to forecasts EPS of $0.3897 on revenue of $6.25B.
Orsted ADR had missed expectations on Wednesday with fourth quarter EPS of $0.2306 on revenue of $4.06B, compared to forecast for EPS of $0.7019 on revenue of $2.41B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar