CMS Energy Corp. Q4 adjusted earnings Miss Estimates

(RTTNews) - CMS Energy Corp. (CMS) released a profit for its fourth quarter that advanced from last year.

The company's profit totaled $167 million, or $0.58 per share. This compares with $108 million, or $0.38 per share, in last year's fourth quarter.

Excluding items, CMS Energy Corp. reported adjusted earnings of $194 million or $0.68 per share for the period.

Analysts had expected the company to earn $0.69 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 1.6% to $1.80 billion from $1.83 billion last year.

CMS Energy Corp. earnings at a glance:

-Earnings (Q4): $194 Mln. vs. $112 Mln. last year. -EPS (Q4): $0.68 vs. $0.40 last year. -Analysts Estimate: $0.69 -Revenue (Q4): $1.80 Bln vs. $1.83 Bln last year.