Earnings release
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News Release CMS ENERGY Exhibit 99.1 CMS Energy Announces Third Quarter Results with Confidence Toward the High End of 2021 Guidance JACKSON , Mich . , Oct. 28 , 2021 - CMS Energy announced today reported earnings per share from continuing operations of $ 0.54 for the third quarter of 2021 , compared to $ 0.72 per share for the same quarter in 2020 , which exclude the discontinued operations of EnerBank USA . The company's adjusted earnings per share from continuing operations were $ 0.54 for the third quarter of 2021 , compared to $ 0.73 per share for the same quarter in 2020 , which exclude the discontinued operations of EnerBank . " CMS Energy's strong execution in 2021 , including closing the sale of EnerBank on October 1 for over $ 1 billion , has positioned the company well for long - term success to the benefit of customers , investors and the communities we serve . We are actively redeploying the proceeds from the transaction into our core utility business to fund key initiatives like grid hardening and our clean energy transformation , " said Garrick Rochow , President and CEO of CMS Energy and Consumers Energy . CMS Energy raised its full - year 2021 adjusted earnings from continuing operations guidance to $ 2.63 to $ 2.65 per share , from $ 2.61 to $ 2.65 per share * ( * See below for important information about non - GAAP measures ) . CMS Energy also reaffirmed 2022 adjusted earnings guidance of $ 2.85 - $ 2.87 per share and long - term adjusted EPS growth of 6 to 8 percent , with continued confidence toward the high end of the EPS growth range . CMS Energy ( NYSE : CMS ) is a Michigan - based energy company featuring Consumers Energy as its primary business . It also owns and operates independent power generation businesses . # # #