CMS Energy reaffirms EPS guidance, plans 1.5 GW of new gas capacity in Michigan IRP.
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CMS Energy reaffirms EPS guidance, plans 1.5 GW of new gas capacity in Michigan IRP. Tuesday, Apr 28, 2026 3:28 pm ET 1min read CMS Energy reaffirmed its EPS guidance of $3.83-$3.90 and plans to add 1.5 GW of new gas capacity in Michigan IRP. CEO Garrick Rochow emphasized regulatory support, load growth, and reaffirmed financial targets, citing the company's investment thesis as a key factor in its success. He also reiterated the company's TSR formula as "6% to 8% adjusted EPS growth". CMS Energy (NYSE: CMS) reaffirmed its 2025 adjusted earnings per share (EPS) guidance of $3.56 to $3.60 and initiated 2026 guidance of $3.80 to $3.87, citing favorable regulatory outcomes. The company reported third-quarter 2025 adjusted EPS of $0.93, up from $0.84 in the same period in 2024, driven by constructive regulatory decisions. Year-to-date adjusted EPS for 2025 reached $2.66, compared to $2.47 in 2024. The company also announced plans to add 1.5 gigawatts (GW) of new gas capacity in Michigan as part of its Integrated Resource Plan (IRP), reflecting its ongoing commitment. CEO Garrick Rochow highlighted regulatory support and load growth as key drivers of the company's financial performance, noting a new data center agreement expected to add up to 1 GW. CMS Energy reaffirmed its long-term adjusted EPS growth target of 6 to 8 percent, with continued confidence. Rochow emphasized...
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