CMS Energy Corp. (CMS) revealed a profit for third quarter that decreased from the same period last year.
The company's earnings came in at $186 million, or $0.64 per share. This compares with $218 million, or $0.76 per share, in last year's third quarter.
Excluding items, CMS Energy Corp. reported adjusted earnings of $156 million or $0.54 per share for the period.
Analysts had expected the company to earn $0.54 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 14.6% to $1.73 billion from $1.51 billion last year.
CMS Energy Corp. earnings at a glance:
-Earnings (Q3): $156 Mln. vs. $209 Mln. last year.-EPS (Q3): $0.54 vs. $0.73 last year.-Analysts Estimate: $0.54 -Revenue (Q3): $1.73 Bln vs. $1.51 Bln last year.
-Guidance:Full year EPS guidance: $2.63 to $2.65
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