CMS Sees FY24 Adjusted EPS Of $3.27-$3.33 Vs. Consensus $3.35
Portfolio Pulse from Benzinga Newsdesk
CMS Energy Corporation has projected its FY24 adjusted EPS to be between $3.27 and $3.33, which is lower than the consensus estimate of $3.35.
October 26, 2023 | 10:38 am
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CMS Energy's lower than expected FY24 adjusted EPS forecast could potentially negatively impact its stock price in the short term.
Earnings per share (EPS) is a key indicator of a company's profitability. A lower than expected EPS forecast often leads to a negative market reaction as it indicates that the company may not perform as well as expected. Therefore, CMS Energy's stock price could potentially be negatively impacted in the short term.
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