CMS says C&I power sales down 20%-25% on stay-at-home mandate [Seeking Alpha]
CMS Energy Corporation (CMS)
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Source: Seeking Alpha
EnergyCMS says C&I power sales down 20%-25% on stay-at-home mandateApr. 27, 2020 6:58 PM ET|CMS Energy Corporation (CMS)Carl SurranCMS Energy (NYSE:tumbled 20%-25%The utility posted a Q1 net profit of $243M, compared with $213M in the same period in 2019.Although the ultimate impacts of the coronavirus remain uncertain, CMS maintains guidance for FY 2020 adjusted EPS of $2.64-$2.68, afterQ1 earningsThe fundamentals of CMS' business had not changed, but the number of unknown factors - including how long sheltering-in-place and social distancing will last, and the extent of the utility's "uncollectibles" - is "unprecedented," Patti Poppe, CEO of CMS Energy and Consumers Energy, said during today'searnings conference callClick to subscribe to real-time analytics on CMSNow read:CMS Energy Corporation 2020 Q1 - Results - Earnings Call Presentation »
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News
- Consumers Energy to invest more than $13B in renewables, distribution by 2029 [Yahoo! Finance]Yahoo! Finance
- CMS Energy Declares Quarterly Dividend on Cumulative Redeemable Perpetual Preferred StockPR Newswire
- Consumers Energy, the Principal Subsidiary of CMS Energy, Declares Quarterly Dividend on Preferred StockPR Newswire
- CMS Energy Stock Outlook: Is Wall Street Bullish or Bearish? [Yahoo! Finance]Yahoo! Finance
- CMS Energy Prices Upsized Offering of $850 Million of 3.125% Convertible Senior Notes Due 2031PR Newswire
CMS
Earnings
- 10/30/25 - Beat
CMS
Sec Filings
- 11/21/25 - Form 8-K
- 11/6/25 - Form 8-K
- 11/4/25 - Form 4
- CMS's page on the SEC website