CMS Energy Corp. Q2 adjusted earnings Beat Estimates

(RTTNews) - CMS Energy Corp. (CMS) reported a profit for its second quarter that increased from last year.

The company's earnings came in at $139 million, or $0.49 per share. This compares with $92 million, or $0.33 per share, in last year's second quarter.

Excluding items, CMS Energy Corp. reported adjusted earnings of $137 million or $0.48 per share for the period.

Analysts had expected the company to earn $0.41 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 2.8% to $1.49 billion from $1.45 billion last year.

CMS Energy Corp. earnings at a glance:

-Earnings (Q2): $137 Mln. vs. $92 Mln. last year. -EPS (Q2): $0.48 vs. $0.33 last year. -Analysts Estimate: $0.41 -Revenue (Q2): $1.49 Bln vs. $1.45 Bln last year.

-Guidance: Full year EPS guidance: $2.30 - $2.34