What is CMS Energy's expected EPS for Q2 2026?

Analysts expect CMS Energy (CMS) to report consensus EPS of approximately $0.47 for Q2 2026. Estimates range from $0.33 to $0.99.

What revenue do analysts expect for CMS Energy in Q2 2026?

The consensus revenue forecast for CMS Energy (CMS) in Q2 2026 is approximately $1.7B. Forecasts range from $877M to $1.96B.

How many analysts cover CMS Energy?

7 analysts contribute to the CMS Energy (CMS) Q2 2026 consensus estimate.

Has CMS Energy beaten earnings estimates recently?

CMS Energy beat analyst EPS estimates in 1 of the last 1 quarter. CMS Energy beat revenue estimates in 1 of 1. In the most recent quarter (Q1 2026), CMS Energy EPS beat by 2.8% and revenue beat by 11.1%.

When does CMS Energy report Q2 2026 earnings?

CMS Energy (CMS) is expected to report Q2 2026 earnings on July 28, 2026 before market open.

CMS Q2 2026 earnings estimate

Consensus EPS · Q2 2026

$0.47

Consensus revenue · Q2 2026

$1.7B

Analysts

Expected report

Jul 28, 2026

Before open

Upcoming earnings

Locks in 4 days 13 hours · BMO: Locks 8:00 PM ET previous day

Revenue$1.7B$876.5M – $2B

EPS$0.47$0.33 – $0.99

What to watch

Analyst ratings: Mixed

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Analyst consensus

Based on estimates from 7 analysts.

Metric	Low	Consensus	High
Revenue	$876.5M	$1.7B	$2B
EPS	$0.33	$0.47	$0.99
EBITDA	$833.3M	$864.1M	$925.9M
EBIT	$590.8M	$612.7M	$656.5M
Net income	$117.3M	$136.2M	$145.6M

Revenue$1.7B
EPS$0.47
EBITDA$864.1M
EBIT$612.7M
Net income$136.2M

Historical beat/miss

Actual reported results vs. analyst consensus at the time. Positive = beat, negative = miss.

Period	Rev. actual	Rev. est.	Rev. surprise	EPS actual	EPS est.	EPS surprise
Q1 2026	$2.7B	$2.5B	+11.1%	$1.13	$1.10	+2.8%

Q1 2026+11.1%+2.8%

Estimate revisions

How analyst consensus estimates have changed over the past 90 days.

Collecting data

Revision trends appear once we have collected at least two daily snapshots for this period.

Community vs analysts

See how the TickerLeague crowd's forecast stacks up against Wall Street.

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No community consensus for CMS Energy (CMS) Q2 2026 yet. Make a prediction to start the crowd forecast.

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Analyst price target

Based on price targets from 3 analysts.

Low: $77.00
Consensus: $81.10
Median: $81.00
High: $86.00
Current: $73.98
Upside: +9.6%

Upside calculated vs most recent trading price of $73.98.

Analyst ratings

Consensus: Buy — based on 30 analyst ratings.

Buy 17Hold 13

24-month trend

Recent analyst actions

Date	Firm	Action	From	To
Jul 20, 2026	BMO Capital	maintain	Outperform	Outperform
Jul 16, 2026	JP Morgan	maintain	Overweight	Overweight
Jul 14, 2026	Barclays	maintain	Overweight	Overweight
Jun 4, 2026	Jefferies	downgrade	Buy	Hold
Jun 4, 2026	BMO Capital	maintain	Outperform	Outperform
May 18, 2026	Truist Securities	maintain	Buy	Buy
May 14, 2026	JP Morgan	maintain	Overweight	Overweight
May 11, 2026	BMO Capital	maintain	Outperform	Outperform
Apr 29, 2026	Barclays	maintain	Overweight	Overweight
Apr 21, 2026	B of A Securities	maintain	Buy	Buy

Jul 20, 2026BMO CapitalOutperform
Jul 16, 2026JP MorganOverweight
Jul 14, 2026BarclaysOverweight
Jun 4, 2026JefferiesHold
Jun 4, 2026BMO CapitalOutperform
May 18, 2026Truist SecuritiesBuy
May 14, 2026JP MorganOverweight
May 11, 2026BMO CapitalOutperform
Apr 29, 2026BarclaysOverweight
Apr 21, 2026B of A SecuritiesBuy

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