| Report | Options implied | Actual move | Market was |
|---|---|---|---|
| April 28, 2026 | ±2.0% | -0.2% | over-priced |
| October 30, 2025 | ±1.5% | +1.3% | over-priced |
| July 31, 2025 | ±1.5% | +2.3% | under-priced |
| April 24, 2025 | ±2.2% | +0.9% | over-priced |
| October 31, 2024 | ±1.5% | -0.7% | over-priced |
| July 25, 2024 | ±1.4% | +1.2% | over-priced |
| April 25, 2024 | ±1.7% | +0.3% | over-priced |
| October 26, 2023 | ±1.9% | +1.3% | over-priced |
| Quarter | EPS (dil.) | Revenue | Net income |
|---|---|---|---|
| Q1 FY2026 | $1.10 | $2.7B | $277M |
| Q4 FY2025 | $0.94 | $2.2B | $242M |
| Q3 FY2025 | $0.92 | $2.0B | $272M |
| Q2 FY2025 | $0.66 | $1.8B | $193M |
CMS Energy Corporation (CMS) reports in 90 days, with the next report estimated for September 11, 2026. Across the last 8 reports, options priced an average ±1.7% earnings move while the stock actually moved 1.0% on average — the market has systematically over-priced CMS's earnings risk. Fundamentals into the print: EPS up 8.9% year-over-year, revenue up 11.6%. QuantLogix's live 5-factor engine currently reads CMS as a buy at 68/100.
Implied move is derived from at-the-money option pricing; actual moves are close-to-close on report days. Next-report dates are estimates until confirmed by the company. Educational market analysis, not investment advice. Browse all signal scorecards →