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CMS Energy Stock Price

56.33 +0.74 +1.33% Volume: 506,107 05.26.20 12:47 ET

CMS Energy Stock Price

26May2020 12:47 ET 56.33 +0.74 +1.33% Volume: 506,107

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

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, Habitat for Humanity Team for Power of Home Campaign

May 08, 2020
Energy Provider Will Donate $1 for Every $2 Raised, Up to $100,000

JACKSON, Mich., May 8, 2020 /PRNewswire/ -- Consumers Energy and Habitat for Humanity of Michigan have teamed to provide vital financial support to Habitat affiliates that have been severely affected due to the COVID-19 pandemic, with a goal of raising $200,000 by the end of September.

Through the Power of Home campaign, Consumers Energy will donate $1 for every $2 raised through individual Habitat donations, up to $100,000.

"Our partnership with Habitat Michigan has been ongoing since 2012 with Home Run for Habitat campaigns that provided matching donations to help provide safe, affordable and energy efficient homes to Habitat families. In this time of the COVID-19 pandemic and uncertainty, we remain committed to our support for Habitat Michigan. This year through the Power of Home campaign we are dedicated to providing critical assistance for Habitat affiliates across the state that have suffered financial losses due to the pandemic," said Lauren Youngdahl Snyder, vice president of customer experience for Consumers Energy.

In the past seven years (2012-2019) Home Run for Habitat campaigns have successfully raised nearly $1.5 million from 3,700 public donors, bringing the total raised/matched to more than $2.3 million. Consumers Energy provided $850,000 in matching funds for Habitat affiliates by its donation of $1 for every $2 raised through individual donations.

"This joint fundraising campaign typically coincided with the Detroit Tigers baseball season. With major league baseball in limbo due to COVID-19 we are grateful to continue offering support for our affiliates through this new Power of Home campaign. Now, more than ever, we are all learning the Power of Home as it relates to living, working and learning and the importance of doing so in a healthy environment. We hope past donors will continue their support in 2020, and welcome first-time donors. Every dollar raised is matched two-to-one by Consumers Energy, so every donation makes a difference," said Sandy Pearson, President and CEO, Habitat for Humanity of Michigan. 

Twenty-six Habitat affiliates across the state have signed up to participate in the campaign. Affiliates receive funding based on the amount raised through their individual donors. As of today, nearly $73,000 has been raised toward the $200,000 goal.

In order to receive the Consumers Energy match, all donations must be made through the online giving platform Classy. More information about individual affiliate campaigns is available at https://www.classy.org/campaign/the-power-of-home-michigan/c279889.

About Consumers Energy:

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.

About Habitat for Humanity of Michigan:

Based in Lansing, Habitat for Humanity of Michigan is the state support organization for Michigan's more than 50 Habitat for Humanity affiliates and ReStores which service nearly every county in the state. HFHM's mission is to increase the capacity of Habitat for Humanity affiliates in Michigan to build or renovate simple, decent homes in partnership with people in need.

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  
LinkedIn: https://www.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-habitat-for-humanity-team-for-power-of-home-campaign-301055565.html

SOURCE Consumers Energy

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