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
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