CMSC - CMS Energy Corporation (CMS) Q1 2025 Earnings Call Transcript
2025-04-24 16:15:00 ET
CMS Energy Corporation (CMS)
Q1 2025 Earnings Conference Call
April 24, 2025, 09:30 AM ET
Company Participants
Jason Shore - Treasurer and Vice President-Investor Relations
Garrick Rochow - President and Chief Executive Officer
Rejji Hayes - Executive Vice President and Chief Financial Officer
Conference Call Participants
Durgesh Chopra - Evercore ISI
Constantine Lednev - Guggenheim Partners
Jeremy Tonet - JPMorgan
Julien Smith - Jefferies
Michael Sullivan - Wolfe Research
Alex Lerman - Morgan Stanley
Travis Miller - Morningstar
Gregg Orrill - UBS
Andrew Weisel - Scotiabank
Sophie Karp - KeyBanc
Presentation
Operator
Good morning, everyone, and welcome to the CMS Energy 2025 First Quarter Results. The earnings news release issued earlier today and the presentation used in this webcast are available on CMS Energy's website in the Investor Relations section. This call is being recorded. [Operator Instructions]
Just a reminder, there will be a rebroadcast of this conference call today beginning at 12:00 p.m. Eastern Time, running through May 1st. This presentation is also being webcast and is available on CMS Energy's website in the Investor Relations section.
At this time, I would like to turn the call over to Mr. Jason Shore, Treasurer and Vice President of Investor Relations.
Jason Shore
Thank you, Harry. Good morning, everyone, and thank you for joining us today.
With me are Garrick Rochow, President and Chief Executive Officer; and Rejji Hayes, Executive Vice President and Chief Financial Officer.
This presentation contains forward-looking statements, which are subject to risks and uncertainties. Please refer to our SEC filings for more information regarding the risks and other factors that could cause our actual results to differ materially. This presentation also includes non-GAAP measures. Reconciliations of these measures to the most directly comparable GAAP measures are included in the appendix and posted on our website.
And now, I'll turn the call over to Garrick.
Garrick Rochow
Thank you, Jason, and thank you, everyone, for joining us today.
CMS Energy, consistent, predictable, dependable. 22 years of steady hands at the wheel. It's what you expect, and it's what we deliver. And even more important in these times of broader economic uncertainty. It starts with our investment thesis, which is based on conservative planning paired with disciplined execution, a commitment to excellence across our electric and gas businesses, constructive legislation and regulation, and driving growth across the state with a robust economic development pipeline. Our customers can count on us, deliver safe, reliable, affordable, clean, and equitable energy under all conditions, and our investment thesis is what keeps us on track. It's our focus. It's what you count on us for every year.
In fact, I'd like to take a moment to shine a spotlight on our recent storm response, which included company crews, dispatchers, call centers, co-workers, contractors, and volunteers who were committed to delivering excellence for our customers during the recent historic storms that impacted Michigan in late March and early April.
These storms packed it all in 14 tornadoes, nearly 100 mile per hour winds, and in northern locations over 1.5 inches of ice. The team executed well. We were prepared and ready to dispatch prior to the first wave of weather, with 500 crews pre-staged and 900 total crews dispatched....
CMS Energy Corporation (CMS) Q1 2025 Earnings Call Transcript