CMS Energy Beats EPS Estimate and Raises FY 2026 Guidance
CMS Energy reported earnings of $0.37 per share for the quarter, edging ahead of the consensus estimate of $0.36. Revenue came in at $1.83 billion, slightly below the $1.87 billion forecast. The company lifted its fiscal‑2026 earnings guidance to a range of $4.080‑$4.170 per share.
A quarterly dividend of $0.57 per share was announced, payable on September 1, with an annualized yield of about 3.1%. Analysts from BMO Capital Markets, JPMorgan Chase, and other firms upgraded their price targets and ratings for the stock, citing the earnings beat and the raised outlook. Senior Vice President Brandon J. Hofmeister was noted among the company's executive leadership.
Entities: Archer Aviation Inc. · BMO Capital Markets · Brandon J. Hofmeister · CMS Energy · CNB Financial · Canaccord Genuity Group · Canadian Tire Corporation · DA Davidson · Priya Gupta · TD (Toronto‑Dominion Bank) · Weiss Ratings
Claims
What the coverage asserts, and how well corroborated each claim is across sources.
- [○ 1 SOURCE] CNB Financial reported earnings per share of $0.91 for the quarter. (CNB Financial)
- [○ 1 SOURCE] DA Davidson raised CNB Financial's price target to $36.00. (DA Davidson)
- [○ 1 SOURCE] Canadian Tire reported earnings per share of C$2.02 for the quarter. (Canadian Tire)
- [○ 1 SOURCE] TD raised Canadian Tire's price target to C$210.00. (TD)
- [○ 1 SOURCE] Canadian Tire's stock reached a 52‑week high of C$202.79. (Canadian Tire)
- [○ 1 SOURCE] Keefe, Bruyette & Woods set a $37.00 price target for CNB Financial. (Keefe, Bruyette & Woods)
- [○ 1 SOURCE] CNB Financial's quarterly revenue was $88.52 million. (CNB Financial)
- [○ 1 SOURCE] BMO Capital Markets cut Canadian Tire's price target to C$185.00. (BMO Capital Markets)