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.

Expectations

Analysts 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 Movement

In 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

Stock Ratings

Analysts are bullish on the stock as nine analysts rate it as a buy and there are no sell ratings. Analyst sentiment has been waning recently, as the average rating has dropped slightly over the past three months.

Last Quarter's Results

In the first quarter, profit fell 50.4% to $67 million (22 cents a share) from $135 million (52 cents a share) the year earlier, missing analyst expectations. Revenue fell 15.2% to $1.74 billion from $2.06 billion.

Summary

Reporting Period: 2Q

Date of Release: Thursday, July 26, 2012

EPS: 33 cents

Revenue Estimate: $1.55 billion

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)