RTTNews | Feb 4, 2021 08:06AM EST

08:05 Thursday, February 4, 2021 (RTTNews.com) - CMS Energy Corp. (CMS) announced a profit for fourth quarter that decreased from the same period last year.

The company's profit came in at $158 million, or $0.55 per share. This compares with $167 million, or $0.58 per share, in last year's fourth quarter.

Excluding items, CMS Energy Corp. reported adjusted earnings of $159 million or $0.56 per share for the period.

Analysts had expected the company to earn $0.55 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Revenue held steady at $1.80 billion

CMS Energy Corp. earnings at a glance:

-Earnings (Q4): $159 Mln. vs. $194 Mln. last year.-EPS (Q4): $0.56 vs. $0.68 last year.-Analysts Estimate: $0.55-Revenue (Q4): $1.80 Bln vs. $1.80 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3166967/cms-energy-corp-q4-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved