WASHINGTON (dpa-AFX) - CMS Energy Corp. (CMS) released earnings for fourth quarter that decreased from the same period last year in line with the Street estimates.
The company's bottom line totaled $262 million, or $0.87 per share. This compares with $306 million, or $1.05 per share, last year.
Excluding items, CMS Energy Corp. reported adjusted earnings of $0.87 per share for the period.
Analysts on average had expected the company to earn $0.87 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 2.0% to $1.989 billion from $1.950 billion last year.
CMS Energy Corp. earnings at a glance (GAAP) :
-Earnings: $262 Mln. vs. $306 Mln. last year. -EPS: $0.87 vs. $1.05 last year. -Revenue: $1.989 Bln vs. $1.950 Bln last year.
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