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CMS Energy Stock Price

62.70 +0.39 +0.63% Volume: 1,830,424 11.25.20 04:02 ET

CMS Energy Stock Price

25Nov2020 04:02 ET 62.70 +0.39 +0.63% Volume: 1,830,424

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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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

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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 Powers Jackson YMCA to Reach $6 Million Fundraising Milestone for New Building

Nov 12, 2020

JACKSON, Mich., Nov. 12, 2020 /PRNewswire/ -- The Consumers Energy Foundation and Jackson YMCA today announced they have achieved a $6 million challenge for the YMCA's campaign to build a new building – overcoming the COVID-19 pandemic to meet the milestone in only 10 months.

A $200,000 donation from Jackson business owner Ric Walton of the Walton Insurance Group has pushed the YMCA's campaign fundraising since January to $3 million. That qualifies the YMCA for a full $3 million matching pledge the Consumers Energy Foundation made at the time, the largest in the Foundation's history.

"We are proud to serve a world-class hometown every day, so we're not surprised Jackson has shown a world-class response to this once-in-a-generation opportunity," said Patti Poppe, Consumers Energy's president and CEO. "We are excited to see the YMCA move closer to a new building that will transform our community."

The Jackson YMCA continues to progress in its fundraising to replace its nearly 60-year-old building. A contemporary new downtown facility will enable the 124-year-old nonprofit organization to enhance existing programs, develop new offerings and expand services. The Y's campaign has raised close to $20 million.

"The YMCA does so much for kids and families. For kids who are less fortunate, the Y gives them a glimpse of another world, of what they could be and do. The Y gives kids hope," Walton said. "A new Y is very important to downtown. It will be an anchor and a catalyst, drawing people downtown and bringing us all together."

"I continue to be overwhelmed by the generosity of Jackson. The challenge posed by the Consumers grant has helped keep the Y's capital campaign alive in the community's heart and mind this year," said Shawna Tello, Jackson YMCA chief executive officer. "Raising $6 million is amazing in any one year. With all that is going on, to raise those funds this year speaks to the vision our donors have for Jackson and the role they believe the Y can play in bringing our shared vision to life."

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: https://twitter.com/consumersenergy  
LinkedIn: https://linkedin.com/company/consumersenergy  
Instagram: https://www.instagram.com/consumersenergy  

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/consumers-energy-foundation-powers-jackson-ymca-to-reach-6-million-fundraising-milestone-for-new-building-301172073.html

SOURCE Consumers Energy

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