CMS Energy Q3 Profit Declines

(RTTNews) - CMS Energy Corp. (CMS) announced third-quarter net income attributable to common stockholders of $126 million, or $0.46 per share, from $148 million, or $0.55 per share in the comparable quarter last year.

Adjusted net income for the latest third quarter declined to $126 million or $0.46 per share from $145 million or $0.54 per share in the prior year quarter. On average, 8 analysts polled by Thomson Reuters expected earnings per share of $0.47 for the quarter. Analysts' estimates typically exclude one-time items.

Operating revenue for the quarter was $1.45 billion, down from $1.51 billion in the earlier year period, while three analysts estimated revenues of $1.59 billion for the quarter.