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BUSINESS
CMS Energy: Q1 Earnings Snapshot
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CMS Energy reported first quarter profit of $340 million. The Jackson, Michigan company posted $1.10 per share, or $1.13 adjusted, edging past Wall Street’s $1.11 estimate. Revenue reached $2.73 billion, topping the $2.53 billion expected. CMS Energy expects full year earnings of $3.83 to $3.90 per share.
Prepared by Christopher Adams and reviewed by editorial team.
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