CMS Energy Earnings Preview
Portfolio Pulse from Benzinga Insights
CMS Energy (NYSE:CMS) is set to release its quarterly earnings report on October 26, 2023. Analysts estimate an EPS of $0.67. The company's past performance shows a pattern of share price drops following earnings beats. The stock is currently trading at $53.64, down 4.52% over the last 52 weeks.
October 25, 2023 | 5:01 pm
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NEGATIVE IMPACT
CMS Energy's upcoming earnings report could impact its stock price. Past performance shows a trend of price drops following earnings beats. The stock is down 4.52% over the last 52 weeks.
CMS Energy's stock price has historically dropped following earnings beats. With the upcoming earnings report, there is a potential for a similar trend to continue, especially given the overall negative return over the past year. This suggests a bearish short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100