| CMS |
Report |
Q2 2026 adjusted EPS |
MISS |
pred ~$0.38 vs. cons $0.72 |
HIGH |
| CMS |
Report |
Q2 2026 operating revenue |
BEAT |
pred ~$1.92B vs. cons $1.89B |
MEDIUM |
| CMS |
Report |
Qualified economic-development pipeline |
IN-LINE |
pred ~9.0 GW vs. cons 9.0 GW |
MEDIUM |
| CMS |
Guide |
FY2026 adjusted EPS guidance midpoint |
UNCHANGED |
guide ~$3.865 vs. cons $3.87 (FY2026) |
HIGH |
| CMS |
Guide |
Long-term adjusted EPS growth target |
UNCHANGED |
guide ~8.0% vs. cons 8.0% (2027–2030, toward high end of 6%–8%) |
MEDIUM |
| CMS |
Guide |
Incremental July storm EPS drag |
LOWER |
guide ~$0.08 drag vs. cons $0.05 drag (Q3 2026) |
MEDIUM |
| CMS |
Guide |
Planned common-equity issuance |
UNCHANGED |
guide ~$700M vs. cons $700M (FY2026) |
HIGH |
| CMS |
Guide |
Initial advanced data-center load timing |
UNCHANGED |
guide ~2028 vs. cons 2028 (initial-load year) |
MEDIUM |
| CMS |
Return |
Day-1 residual (stock − beta × S&P 500) |
-1.8% |
— |
MEDIUM |
| CMS |
Return |
5-day cumulative residual |
-2.7% (FOLLOW-THROUGH) |
The headline EPS miss should be partly dismissed because storm-aware expectations are near $0.35–$0.36, but an estimated ~$0.08 July storm drag versus ~$0.05 expected and a $3.865 guidance midpoint versus $3.87 consensus should pull FY2026 estimates modestly lower; absent a signed data-center catalyst, revisions likely extend the initial weakness. |
MEDIUM |