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CMS Energy Stock Price

46.47 -0.59 -1.25% Volume: 2,774,009 09.22.17 04:01 ET

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Hear about CMS Energy's Second Quarter results and outlook.+

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CMS Energy Stock Price

22Sep2017 04:01 ET 46.47 -0.59 -1.25% Volume: 2,774,009
Investor Meetings
SEPTEMBER12 2017

CMS Energy Second Quarter 2017 Results & Outlook
28Jul2017 (PDF 4.21 MB)

Media Contacts

KATIE
CAREY
Director of Media Relations
517-788-2395
Katelyn.Carey@cmsenergy.com
BRIAN
WHEELER
Senior Public Information Director
517-788-2394
brian.wheeler@cmsenergy.com

Disclaimer

Please note that you are now entering a website directly or indirectly maintained by a third party (the "External Site") and that you do so at your own risk.

CMS Energy, Corp. (“CMS”) has no control over the External Site, any data or other content contained therein or any additional linked websites. The link to the External Site is provided for convenience purposes only. By clicking “Accept” you acknowledge and agree that neither CMS nor third party provider Virtua Research, Inc. (“Virtua) is responsible, or accepts or assumes any responsibility or liability whatsoever for, the content, the data or the technical operation of the Linked Site. Further, by entering the External Site, you also acknowledge and agree that you completely and irrevocably waive any and all rights and claims against CMS and Virtua and further acknowledge and agree that in no event shall CMS or Virtua, its officers, employees, directors and agents be liable for any (i) indirect, consequential, incidental, special, compensatory or punitive damages, (ii) damages for loss of income, loss of business profits, business interruption, loss of data or business information, loss of or damage to property, (iii) claims of third parties, or (iv) other pecuniary loss, arising out of or related to the Legal Notice, this disclaimer or the External Site

By entering the External Site, you further acknowledge and agree that the disclaimer of warranties and limitations of liability set out in this disclaimer shall apply regardless of the causes, circumstances or form of action giving rise to the loss, damage, claim or liability, even if such loss, damage, claim or liability is based upon breach of contract (including, without limitation, a claim of fundamental breach or breach of a fundamental term), tort (including, without limitation, negligence), strict liability or any other legal or equitable theory, and even if CMS and Virtua are advised of the possibility of the loss, damage, claim or liability. The waiver and release specifically includes, without limitation, any and all rights and claims pertaining to the processing of personal data, including but not limited to any rights under any applicable data protection statute(s). If in any jurisdiction, any part of this disclaimer is held to be unenforceable by a court of competent jurisdiction, such part of this disclaimer shall be restricted or eliminated to the minimum extent and the remaining disclaimer shall otherwise remain in full force and effect.

Please note the information presented is deemed representative at the time of its original release. Changes in historical information may occur due to adjustments in accounting and reporting standards & procedures.

Non-GAAP Information

In addition to disclosing results determined in accordance with GAAP, CMS may also disclose certain non-GAAP and pro forma non-GAAP results of operations, including net income, earnings per share, and operating income that make certain adjustments or exclude certain charges and gains that are outlined in the schedules included in this website. CMS provides historical financial results on both a GAAP and non-GAAP basis. 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. Adjustments could include items such as discontinued operations, asset sales, impairments, restructuring costs, regulatory items from prior years, or other items. Because the company is not able to estimate the impact of specific line items, which have the potential to significantly impact, favorably or unfavorably, the company’s reported earnings in future periods, the company is not providing reported earnings guidance nor is it providing a reconciliation for the comparable future period earnings.

CMS and Virtua also take no responsibility for third party pricing data provided for informational purposes and certain ratio results formulated from the provided third party pricing data. The non-GAAP information is not prepared in accordance with GAAP and may not be comparable to non-GAAP information used by other companies. The non-GAAP information should be considered supplemental information to assist in fully understanding our business results, rather than as a substitute for the reported earnings.

A reconciliation of each of these non-GAAP measures to the most directly comparable GAAP measure is included as a separate link and also posted on the CMS website at www.cmsenergy.com.

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News Releases

Consumers Energy, Employees Give Back to Michigan, Providing $13.5 Million to Michigan Nonprofits in 2016

Feb 15, 2017

Help for Habitat for Humanity, United Ways, Community Programs

JACKSON, Mich., Feb. 15, 2017 /PRNewswire/ -- Consumers Energy and its employees are working to build a stronger Michigan, giving $13.5 million in 2016 to support early childhood education, United Ways, Habitat for Humanity and other nonprofit organizations across the state.

"Our mission is to help Michigan to be a magnet state for residents to thrive and businesses to grow, providing access to world class cultural, educational and natural resources," said David Mengebier, Consumers Energy's senior vice president of governmental, regulatory and public affairs, and president of the Consumers Energy Foundation. "Our company and employees put our money and time every day into organizations that are the backbone of the communities we serve."

The $13.5 million includes contributions from Consumers Energy, employees, retirees, Foundation and parent company CMS Energy. The Foundation is the philanthropic arm of Consumers Energy, working to ensure Michigan residents and communities are thriving economically, Michigan businesses are growing, and Michigan has world-class educational, natural and cultural resources

Employees' commitment to nonprofit organizations takes many shapes:

  • United Way campaigns – Last fall the company, employees and retirees pledged more than $1.7 million to 55 United Ways across the state. The funding goes to nonprofit organizations that focus on education, income and health -- the building blocks for a good quality of life and a strong community.
  • Volunteering – 429 nonprofit organizations received $217,875 on behalf of 622 employees and retirees through the Volunteer Investment Program.
  • Matching gifts -- $110,458 went to 17 higher education institutions, community foundations, food banks, food pantries and homeless shelters across the state through the Foundation's Matching Gifts program, which matched employee and retiree donations.
  • Team volunteers – The Caring for Community™ grant program provided $44,500 to 178 nonprofit organizations on behalf of 1,232 employees and retirees. The program recognizes the efforts of teams of employees volunteering for a nonprofit organization or event.

Other 2016 highlights:

  • $354,000 to support early childhood programs across Michigan
  • $264,000 to support economic development in communities across the state. Support includes grants for The Right Place in West Michigan, the Jackson Anchor Initiative, Venture North Funding & Development, and Southwest Michigan First.
  • $200,000 to support Habitat for Humanity of Michigan's Neighborhood Revitalization Initiative. Consumers Energy and its foundation have provided $1.3 million to Habitat for Humanity since 2001.
  • More than $293,000 to provide energy assistance to Michigan residents through Walks for Warmth. Employees are again taking part in walks this month. Learn more at www.ConsumersEnergy.com/walk.
  • $270,000 for Detroit Public Television's Great Lakes Bureau.
  • $250,000 for the Michigan State University College of Engineering.
  • $235,000 for Michigan's 2-1-1 network, including matching funds for local 2-1-1 support and support to build capacity for the statewide system.
  • $175,000 for the Michigan Women's Foundation Women's Entrepreneurship Initiative, including its Entrepreneur You Program in Grand Rapids, Southeast Michigan and mid-Michigan, supporting a business plan and pitch competition for female entrepreneurs.
  • $150,000 for the Community Economic Development Association of Michigan for the Michigan Economic Impact Coalition and Michigan 2-1-1 Collaborative.
  • $117,175 for the Michigan Department of Natural Resources to help develop strategies for bringing back the arctic grayling.
  • $95,000 for FIRST Robotics to support student robotics programs across the state.
  • $60,000 for Downtown Tomorrow Inc. to help create the Kalamazoo Riverfront Garden, including a waterfront outdoor stage.
  • $51,000 for Newaygo County to fund a flood warning system for the Muskegon River.
  • $50,000 for the Michigan Foundation for Agriculture to support the Mobile Food Agriculture Resources in Motion (FARM) Science Lab.
  • $50,000 for the Grand Traverse Regional Land Conservancy to support the Michigan Fruitbelt Collaborative Project.

Consumers Energy, Michigan's largest utility, is the principal subsidiary of CMS Energy (NYSE: CMS), providing natural gas and electricity to 6.7 million of the state's 10 million residents in all 68 Lower Peninsula counties.

Media toolkit

FOUNDATION: Learn more about the Consumers Energy Foundation: www.ConsumersEnergy.com/foundation

TWITTER: Employees give back to communities: #CEVolunteers

 

For more information about Consumers Energy, go to www.ConsumersEnergy.com.

Check out Consumers Energy on Social Media
Facebook: https://www.facebook.com/consumersenergymichigan
Twitter: https://twitter.com/consumersenergy
YouTube: https://www.youtube.com/user/consumersenergy
Flickr: https://www.flickr.com/photos/consumersenergy

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/consumers-energy-employees-give-back-to-michigan-providing-135-million-to-michigan-nonprofits-in-2016-300407999.html

SOURCE Consumers Energy

Brian Wheeler, 517-788-2394, or Debra Dodd, 517-545-8711

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