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CMS Energy Announces First Quarter Results, Reaffirms 2023 Adjusted EPS Guidance

PR Newswire - Thu Apr 27, 2023

JACKSON, Mich., April 27, 2023 /PRNewswire/ -- CMS Energy announced today reported earnings per share of $0.69 for the first quarter of 2023, compared to $1.21 per share for the same quarter in 2022. The company's adjusted earnings per share for the first quarter of 2023 were $0.70, compared to $1.20 per share for the same quarter in 2022, primarily due to unfavorable weather, which reduced sales volumes, and higher service restoration costs attributable to significant storm activity during the quarter.

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