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CMS Energy 2Q Earnings Pregame Scorecard

After falling short of analyst expectations last quarter, CMS Energy (NYSE:CMS) will try to redeem itself when it reports again on Thursday.ExpectationsAnalysts currently expect CMS Energy to come in with earnings of 33 cents per share on revenues of $1.55 billion. Analyst estimates range from earnings per share to earnings per share. Over the past three months, the average estimate has moved up from 30 cents.Stock MovementIn terms of price changes, the stock's best recent streak was when it gained $1.42 per share between June 25, 2012 and July 20, 2012. Looking at change over the last three months, from April 25, 2012 and July 20, 2012, the stock price is up $2.22 (9.9%), from $22.32 to $24.54.Company Fundamental Trends The company will look to use the upcoming earnings announcement as a salve for two-straight quarters of revenue declines. Revenue decreased by 3.7% during the past fourth quarter of the last fiscal year and dropped further over the first quarter. Profit has increased b...

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