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CMS Energy Stock Price

61.40 +0.06 +0.1% Volume: 1,047,018 09.28.20 04:02 ET

CMS Energy Stock Price

28Sep2020 04:02 ET 61.40 +0.06 +0.1% Volume: 1,047,018

Media Contacts

MEGAN
BROWN
Senior Director of Public Relations
and Communications
517-788-6538
megan.brown@cmsenergy.com
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

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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 Foundation Offers $3 Million to Power Campaign for New Jackson YMCA Building

Jan 21, 2020

JACKSON, Mich., Jan. 21, 2020 /PRNewswire/ -- The Consumers Energy Foundation today announced the largest grant in its history, a contribution of up to $3 million for the Jackson YMCA's campaign to build a new building to serve thousands of the region's residents and spur more economic growth in downtown Jackson.

Consumers Energy Logo (PRNewsFoto/Consumers Energy)

"Consumers Energy is committed to the prosperity of Michigan's communities and creating opportunities for the people who call them home," said Patti Poppe, Consumers Energy's president and CEO. "We are excited to make a once-in-a-generation commitment to boost the YMCA's campaign to help them to move into a new building that will be a focal point for the community."

The Jackson YMCA is more than halfway through a $25 million fundraising effort to replace its 58-year-old downtown building with a new, state-of-the-art facility. The Consumers Energy Foundation's grant matches up to $3 million in contributions from others, and brings total pledged contributions today to over $17 million.

The YMCA serves nearly 1,000 community members every day. The new building will allow the 124-year-old nonprofit organization to enhance existing programs, develop new offerings and expand services in partnership with others.

"With its unprecedented gift, the Consumers Energy Foundation has energized the Y's efforts and validated our vision to build a new YMCA and create a healthy living campus in the heart of Jackson," said Shawna Tello, Jackson YMCA chief executive officer.

"We are truly grateful for Consumers Energy's commitment to its hometown and the ongoing work of the YMCA and our partners. Consumers Energy's incredibly generous contribution will help the Y and our partners serve as a catalyst for positive change, meaningful collaboration and community impact as we work to be inclusive to all."

The Jackson YMCA is in the second phase of a three-phase capital campaign. The current phase focuses on identifying collaborative partners whose expertise will expand the scope of the Y's vision for a healthy living campus. This phase is expected to wrap up by the third quarter of 2020. 

The Consumers Energy Foundation is Consumers Energy's charitable arm. The foundation supports community efforts across Michigan's Lower Peninsula, ensuring that residents have access to world-class cultural, natural and educational resources.

In 2019, the Consumers Energy Foundation, Consumers Energy, its employees and retirees contributed more than $11.5 million to Michigan nonprofits. For more information, visit www.ConsumersEnergy.com/foundation.

Since 1896 the Jackson YMCA has worked to provide opportunities for individuals of all walks of life. The Y serves men and women of all ages, religions and economic backgrounds through programs focused on youth development, healthy living and social responsibility. The Jackson YMCA moved into its current facility in 1962, and has undergone numerous renovations since that time. Visit www.JacksonYMCA.org to learn more.

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

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

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

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/consumers-energy-foundation-offers-3-million-to-power-campaign-for-new-jackson-ymca-building-300990445.html

SOURCE Consumers Energy

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