CMS Energy Corp. Q2 adjusted earnings Beat Estimates

(RTTNews) - CMS Energy Corp. (CMS) released a profit for its second quarter that climbed from last year.

The company's bottom line came in at $176 million, or $0.61 per share. This compares with $136 million, or $0.48 per share, in last year's second quarter.

Excluding items, CMS Energy Corp. reported adjusted earnings of $180 million or $0.62 per share for the period.

Analysts had expected the company to earn $0.43 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 13.0% to $1.56 billion from $1.38 billion last year.

CMS Energy Corp. earnings at a glance:

-Earnings (Q2): $180 Mln. vs. $139 Mln. last year. -EPS (Q2): $0.62 vs. $0.49 last year. -Analysts Estimate: $0.43 -Revenue (Q2): $1.56 Bln vs. $1.38 Bln last year.

-Guidance: Full year EPS guidance: $2.85 - $2.87