CMS Energy Q2 FY26 GAAP EPS drops 43.94% to $0.37
CMS•Guidance reaffirmed and extended
Reaffirmed 2026 adjusted EPS guidance of $3.83-$3.90; introduced 2027 earnings guidance of $4.08-$4.17.
Q2 results decline on lower income and revenue
CMS Energy Q2 2026 EPS fell 43.94% to $0.37; GAAP net income slid 50.26% to $96 million.
Operating income dropped 16.72% to $264 million as operating revenue eased 0.49% to $1.83 billion.
First-half performance and NorthStar Clean Energy review
First-half EPS declined 11.98% to $1.47; net income decreased 23.57% to $373 million.
NorthStar Clean Energy review concluded; exiting non-utility renewables development, retaining Michigan-based assets including Dearborn Industrial Generation.
