CMS Energy Corporation CMS reported third-quarter 2021 adjusted earnings per share (EPS) of 54 cents from continuing operations, which surpassed the Zacks Consensus Estimate of 51 cents by 5.9%. The reported figure, however, declined 25% on a year-over-year basis.The company also reported GAAP earnings of 54 cents, down from 73 cents generated in the year-ago quarter.The year-over-year decline in the bottom line can be attributed to higher operating expenses.Operational PerformanceFor the quarter under review, CMS Energy’s operating revenues were $1,725 million, which exceeded the Zacks Consensus Estimate of $1,605 million by 7.5%. The top line also improved 14.5% on a year-over-year basis.CMS Energy’s interest charges were $125 million, down 3.9% from the year-ago period.CMS Energy Corporation Price, Consensus and EPS Surprise CMS Energy Corporation price-consensus-eps-surprise-chart | CMS Energy Corporation QuoteFinancial ConditionCMS Energy had cash and cash equivalents of $102 million as of Sep 30, 2021, up from $32 million at the end of 2020.As of Sep 30, 2021, total debt, capital leases and financing obligations (excluding securitization debt) were $12,499 million, up from $12,166 million at the end of 2020.During the first nine months of 2021, the company generated cash from operating activities worth $1,483 million compared with $1,144 million in the first nine months of 2020.2021 GuidanceCMS Energy tightened its 2021 adjusted earnings per share guidance range to $2.63-$2.65 from the prior band of $2.61-$2.65. The Zacks Consensus Estimate for the company’s 2021 earnings is currently pegged at $2.68, higher than the company’s newly guided range.Zacks RankCMS Energy currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Recent Utility ReleasesNextEra Energy, Inc. NEE reported third-quarter 2021 adjusted earnings of 75 cents per share, which beat the Zacks Consensus Estimate of 72 cents by 4.2%.Avangrid, Inc. AGR reported third-quarter 2021 earnings of 34 cents per share, beating the Zacks Consensus Estimate of 30 cents by 13.3%.DTE Energy Company DTE reported third-quarter 2021 operating earnings per share of $1.72, which missed the Zacks Consensus Estimate of $1.83 by 6%. The bottom line also declined 19.6% from the year-ago quarter’s $2.14. Bitcoin, Like the Internet Itself, Could Change Everything Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities. Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly. See 3 crypto-related stocks now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NextEra Energy, Inc. (NEE): Free Stock Analysis Report DTE Energy Company (DTE): Free Stock Analysis Report CMS Energy Corporation (CMS): Free Stock Analysis Report Avangrid, Inc. (AGR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research