CMS Energy reaffirms 2026 outlook as Q1 adjusted earnings climb to $1.13

CMS Energy (NYSE:CMS) reported solid financial results for the first quarter of 2026 on Tuesday, April 28, 2026, showcasing steady operational execution across its Michigan-based utility portfolio.

The company posted first-quarter net earnings of $1.10 per share, an increase from the $1.01 per share reported in the first quarter of 2025.

On an adjusted basis—which the company utilizes to provide a clearer view of its core utility performance—earnings reached $1.13 per share, compared to $1.02 per share in the prior-year period.

In a move to reinforce its long-term financial trajectory, CMS Energy reaffirmed its full-year 2026 adjusted EPS guidance of $3.83 to $3.90 per share.

Management also reiterated its commitment to a long-term adjusted EPS growth objective of 6% to 8%.