CMS Energy Files 8-K for Financial Reporting
Ticker: CMS-PC · Form: 8-K · Filed: Apr 25, 2024 · CIK: 811156
| Field | Detail |
|---|---|
| Company | Cms Energy Corp (CMS-PC) |
| Form Type | 8-K |
| Filed Date | Apr 25, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.01, $100, $4.50 |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-reporting, 8-K, disclosure
Related Tickers: CMS
TL;DR
CMS Energy dropped an 8-K on 4/25 - check financials.
AI Summary
CMS Energy Corp. (CMS) filed an 8-K on April 25, 2024, to report its financial results and other material information. The filing includes details on its operations and financial condition, as well as financial statements and exhibits. Specific dollar amounts and dates for financial performance are not detailed in this summary filing.
Why It Matters
This filing provides investors with updated financial information and disclosures regarding CMS Energy's operational and financial condition, which is crucial for investment decisions.
Risk Assessment
Risk Level: low — This is a routine financial reporting filing and does not indicate any unusual risks or negative developments.
Key Players & Entities
- CMS Energy Corp. (company) — Filer of the 8-K
- Consumers Energy Co (company) — Subsidiary of CMS Energy Corp.
- Consumers Power Co (company) — Former name of Consumers Energy Co.
- April 25, 2024 (date) — Filing date of the 8-K
FAQ
What is the primary purpose of this 8-K filing by CMS Energy Corp.?
The primary purpose is to report results of operations and financial condition, provide Regulation FD disclosures, and submit financial statements and exhibits.
When was this 8-K filing submitted?
The 8-K filing was submitted on April 25, 2024.
What is the Central Index Key for CMS Energy Corp.?
The Central Index Key for CMS Energy Corp. is 0000811156.
What is the former name of Consumers Energy Co.?
The former name of Consumers Energy Co. was Consumers Power Co.
What is the fiscal year end for CMS Energy Corp.?
The fiscal year end for CMS Energy Corp. is December 31.
Filing Stats: 1,013 words · 4 min read · ~3 pages · Grade level 12.1 · Accepted 2024-04-25 06:37:34
Key Financial Figures
- $0.01 — CMS Energy Corporation Common Stock, $0.01 par value CMS New York Stock Exchan
- $100 — rgy Company Cumulative Preferred Stock, $100 par value: $4.50 Series CMS-PB New
- $4.50 — lative Preferred Stock, $100 par value: $4.50 Series CMS-PB New York Stock Exchan
Filing Documents
- tm2412653d1_8k.htm (8-K) — 51KB
- tm2412653d1_ex99-1.htm (EX-99.1) — 89KB
- tm2412653d1_ex99-2.htm (EX-99.2) — 19KB
- tm2412653d1_ex99-1img001.jpg (GRAPHIC) — 104KB
- tm2412653d1_ex99-2img001.jpg (GRAPHIC) — 237KB
- tm2412653d1_ex99-2img002.jpg (GRAPHIC) — 142KB
- tm2412653d1_ex99-2img003.jpg (GRAPHIC) — 143KB
- tm2412653d1_ex99-2img004.jpg (GRAPHIC) — 157KB
- tm2412653d1_ex99-2img005.jpg (GRAPHIC) — 183KB
- tm2412653d1_ex99-2img006.jpg (GRAPHIC) — 129KB
- tm2412653d1_ex99-2img007.jpg (GRAPHIC) — 114KB
- tm2412653d1_ex99-2img008.jpg (GRAPHIC) — 112KB
- tm2412653d1_ex99-2img009.jpg (GRAPHIC) — 138KB
- tm2412653d1_ex99-2img010.jpg (GRAPHIC) — 140KB
- tm2412653d1_ex99-2img011.jpg (GRAPHIC) — 35KB
- tm2412653d1_ex99-2img012.jpg (GRAPHIC) — 29KB
- tm2412653d1_ex99-2img013.jpg (GRAPHIC) — 98KB
- tm2412653d1_ex99-2img014.jpg (GRAPHIC) — 115KB
- tm2412653d1_ex99-2img015.jpg (GRAPHIC) — 142KB
- tm2412653d1_ex99-2img016.jpg (GRAPHIC) — 29KB
- tm2412653d1_ex99-2img017.jpg (GRAPHIC) — 92KB
- tm2412653d1_ex99-2img018.jpg (GRAPHIC) — 139KB
- tm2412653d1_ex99-2img019.jpg (GRAPHIC) — 119KB
- 0001104659-24-051509.txt ( ) — 3702KB
- cms-20240425.xsd (EX-101.SCH) — 5KB
- cms-20240425_def.xml (EX-101.DEF) — 29KB
- cms-20240425_lab.xml (EX-101.LAB) — 39KB
- cms-20240425_pre.xml (EX-101.PRE) — 27KB
- tm2412653d1_8k_htm.xml (XML) — 13KB
02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition. On April 25, 2024, CMS Energy Corporation ("CMS Energy") issued a News Release, in which it announced its 2024 first quarter results. Attached as Exhibit 99.1 to this report and incorporated herein by reference is a copy of the CMS Energy News Release, furnished as a part of this report. Exhibit 99.1 contains certain financial measures that are considered "non-GAAP financial measures" as defined in Securities and Exchange Commission rules. Other than forward-looking earnings guidance, Exhibit 99.1 contains a reconciliation of these non-GAAP financial measures to their most directly comparable financial measures calculated and presented in accordance with accounting principles generally accepted in the United States. Adjustments could include items such as discontinued operations, asset sales, impairments, restructuring costs, business optimization initiative, changes in accounting principles, voluntary separation program, changes in federal tax policy, regulatory items from prior years, unrealized gains or losses from mark-to-market adjustments, or other items . Management views adjusted earnings as a key measure of the company's present operating financial performance and uses adjusted earnings for external communications with analysts and investors. Internally, the company uses adjusted earnings to measure and assess performance. Because CMS Energy is not able to estimate the impact of specific line items, which have the potential to significantly impact, favorably or unfavorably, reported earnings in future periods, Exhibit 99.1 does not contain reported earnings guidance nor a reconciliation for the comparable future period earnings. The adjusted earnings should be considered supplemental information to assist in understanding our business results, rather than as a substitute for the reported earnings. All references to net income refer to net income available to common stockholders and references to
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. The information set forth in the CMS Energy News Release dated April 25, 2024, attached as Exhibit 99.1, is incorporated by reference in response to this Item 7.01. CMS Energy will hold a webcast to discuss its 2024 first quarter results and provide a business and financial outlook on April 25 at 9:30 a.m. (ET). A copy of the CMS Energy presentation is furnished as Exhibit 99.2 to this report. A webcast of the presentation will be available on the CMS Energy website, www.cmsenergy.com. In accordance with General Instruction B.2 of Form 8-K, the information in this Current Report on Form 8-K, including Exhibits 99.1 and 99.2, shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933. Investors and others should note that CMS Energy routinely posts important information on its website and considers the Investor Relations section, www.cmsenergy.com/investor-relations, a channel of distribution.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit Index 99.1 CMS Energy News Release dated April 25, 2024 99.2 CMS Energy presentation dated April 25, 2024 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded in the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrants have duly caused this report to be signed on their behalf by the un dersigned hereunto duly authorized. CMS ENERGY CORPORATION Dated: April 25, 2024 By: /s/ Rejji P. Hayes Rejji P. Hayes Executive Vice President and Chief Financial Officer CONSUMERS ENERGY COMPANY Dated: April 25, 2024 By: /s/ Rejji P. Hayes Rejji P. Hayes Executive Vice President and Chief Financial Officer