CMS Energy (CMS) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $1.44
- Estimate
- $1.35
- Surprise
- +6.6%
- Score today
- 4.4/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
CMS Energy (CMS) beat the $1.35 estimate with adjusted EPS of $1.44 — a clear 6.6% upside surprise.
Coverage in the report window
- Jim Farley Says Ford’s Upcoming $30,000 Cybertruck Rival Can Power Owners’ Homes Without a Wall-Mounted Inverter — benzinga, 2026-10-28
Where TrendMatrix's rating stands now
TrendMatrix currently rates CMS Sell at 4.4/10; no pre/post engine snapshot brackets this report.
4 of the last 4 quarters beat the estimate; this quarter's +6.6% surprise compares with a +3.5% four-quarter average.
What argues against it
- Target reached (-6.9% upside)
- Quality below floor (3.8 < 4.0)
- Value-trap signals (2/5): High leverage (D/E 2.1), Negative free cash flow
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $69.00
- Stop
- $66.48
The stock trades at 24.6× trailing but 16.6× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: RSI 70 — a level conventionally read as overbought; gains at these levels often lean on momentum.
Model outputs from TrendMatrix’s engine as of 2026-10-28 — shown for context, not personalized investment advice.
CMS at TrendMatrix's latest read
Utility earnings are regulatory outcomes on a lag — allowed-return and rate-case posture frame any quarter's print.
- Industry
- Utilities - Regulated Electric
- Market cap
- $21.32B
- P/E (fwd)
- 16.6
- P/E (ttm)
- 24.6
- 52-week range
- $62.29–$80.36
- Off 52-week high
- 14.1%
- RSI (14)
- 70
- Volume vs avg
- 1.29×
- Score today
- 4.4/10