8-KEarnings & ResultsRegulation FDExhibits & Filings

CMS ENERGY CORP 8-K Report, Financial Results (Oct 31, 2024)

Filed October 31, 2024For Securities:CMSCMS-PCCMSACMSCCMSD

Summary

CMS Energy Corporation (CMS) filed an 8-K report on October 31, 2024, primarily to announce its third-quarter 2024 financial results. The filing incorporates by reference a news release and a presentation that provide details on the company's performance and future outlook. Investors should note that the company utilizes non-GAAP financial measures, such as adjusted earnings, which are presented alongside GAAP figures with reconciliations, to offer a view of its operational performance. Management considers these adjusted metrics crucial for assessing the company's present financial condition and for communicating with stakeholders. The company also announced a webcast to discuss these third-quarter results and provide a business and financial outlook, highlighting its commitment to transparent communication with investors. The attached exhibits, including the news release and presentation, are furnished and not considered "filed" under Section 18 of the Exchange Act, a standard disclosure for such reports. CMS Energy also indicated that it routinely posts important information on its investor relations website, emphasizing this as a distribution channel.

Key Highlights

  • 1CMS Energy announced its third-quarter 2024 financial results via an 8-K filing on October 31, 2024.
  • 2The filing includes a news release (Exhibit 99.1) and a presentation (Exhibit 99.2) detailing Q3 2024 performance.
  • 3CMS Energy uses non-GAAP financial measures, specifically 'adjusted earnings,' for reporting and communication with investors.
  • 4Reconciliations between non-GAAP and GAAP financial measures are provided in the accompanying news release.
  • 5The company held a webcast on October 31, 2024, to discuss Q3 results and provide a business and financial outlook.
  • 6CMS Energy utilizes its investor relations website as a channel for distributing important company information.

Frequently Asked Questions

The main purpose of this 8-K filing is to announce CMS Energy's third-quarter 2024 financial results and provide related commentary and outlook through an attached news release and presentation.

The filing states that the attached Exhibit 99.1 contains forward-looking earnings guidance. However, it also notes that due to the inability to estimate potential impacts of certain items on future reported earnings, a reconciliation for future comparable periods is not provided.

Adjusted earnings are a non-GAAP financial measure that CMS Energy uses to present its operating financial performance. Management views adjusted earnings as a key metric for assessing the company's present performance and uses it for external communications with analysts and investors, alongside GAAP measures.

Investors can find more detailed information in the attached Exhibit 99.1 (News Release) and Exhibit 99.2 (Presentation). CMS Energy also routinely posts important information on its investor relations website at www.cmsenergy.com/investor-relations.