Investing.com - CMS Energy (NYSE:CMS) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that was inline with expectations.
CMS Energy announced earnings per share of $0.56 on revenue of $1.8B. Analysts polled by Investing.com anticipated EPS of $0.5511 on revenue of $1.8B.
CMS Energy shares are down 6% from the beginning of the year and are trading at $57.20 , down-from-52-week-high.They are under-performing the S&P 500 which is up 1.97% 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 Tuesday, January 26, 2021, who reported EPS of $0.4 on revenue of $4.4B, compared to forecasts EPS of $0.3818 on revenue of $5.56B.
Enterprise Products Partners LP had missed expectations on Wednesday with fourth quarter EPS of $0.15 on revenue of $7.04B, compared to forecast for EPS of $0.5026 on revenue of $7.52B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar