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DTE Energy schedules first quarter 2024 earnings release, conference call
GlobeNewsWire· 2024-04-11 12:58
Detroit, April 11, 2024 (GLOBE NEWSWIRE) -- DTE Energy (NYSE:DTE) will announce its first quarter 2024 earnings before the market opens Thursday, Apr. 25, 2024. The company will conduct a conference call to discuss earnings results at 8:30 a.m. ET the same day. Investors, the news media and the public may listen to a live internet broadcast of the call at dteenergy.com/investors. The telephone dial-in number in the U.S. and Canada toll free is: (888) 510-2008. The telephone dial-in USA toll is: (646) 960-0 ...
Has DTE Energy (DTE) Outpaced Other Utilities Stocks This Year?
Zacks Investment Research· 2024-03-08 15:46
Investors interested in Utilities stocks should always be looking to find the best-performing companies in the group. Has DTE Energy (DTE) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.DTE Energy is a member of the Utilities sector. This group includes 104 individual stocks and currently holds a Zacks Sector Rank of #13. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the gro ...
DTE or SO: Which Is the Better Value Stock Right Now?
Zacks Investment Research· 2024-03-04 17:46
Investors interested in Utility - Electric Power stocks are likely familiar with DTE Energy (DTE) and Southern Co. (SO) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to identify ...
DTE Energy Foundation invites community transformation-focused nonprofits to apply for $150K in grant support
Newsfilter· 2024-03-01 17:24
Detroit, March 01, 2024 (GLOBE NEWSWIRE) -- The DTE Energy Foundation today invited Michigan nonprofits that serve local communities to submit Letters of Intent for a chance to be selected for a grant that will support community transformation efforts. The DTE Foundation will provide up to $150,000 to be shared across two or more Michigan nonprofits focused on local, community transformation and revitalization. Letters of Intent will be accepted now through 5 p.m. on Wednesday, May 1. Nonprofit organization ...
DTE vs. MGEE: Which Stock Is the Better Value Option?
Zacks Investment Research· 2024-02-15 17:40
Investors interested in Utility - Electric Power stocks are likely familiar with DTE Energy (DTE) and MGE (MGEE) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank puts an emphasis on earnings estimates and estim ...
Reasons to Add DTE Energy (DTE) to Your Portfolio Right Now
Zacks Investment Research· 2024-02-09 12:45
DTE Energy’s (DTE) strategic long-term investment plans to maintain and upgrade its infrastructure should boost performance. The company also boasts a strong solvency position.Let’s explore the factors that make this Zacks Rank #2 (Buy) company a strong investment pick at the moment. Growth ProjectionsDTE Energy’s long-term (three to five-year) earnings growth rate is pegged at 6.3%.The Zacks Consensus Estimate for DTE’s first-quarter 2024 earnings per share (EPS) stands at $1.79, indicating an improvement ...
DTE Energy(DTE) - 2023 Q4 - Earnings Call Transcript
2024-02-08 19:57
DTE Energy Company (NYSE:DTE) Q4 2023 Earnings Conference Call February 8, 2024 9:00 AM ET Company Participants Barbara Tuckfield - Director, IR Gerardo Norcia - Chairman and CEO David Ruud - EVP and CFO Conference Call Participants Shar Pourreza - Guggenheim Partners Nick Campanella - Barclays Jeremy Tonet - JPMorgan Durgesh Chopra - Evercore ISI David Arcaro - Morgan Stanley Andrew Weisel - Scotiabank Michael Sullivan - Wolfe Research Sophie Karp - KeyBanc Julien Dumoulin-Smith - Bank of America Gregg Orr ...
DTE Energy (DTE) Q4 Earnings Meet Estimates, Increase Y/Y
Zacks Investment Research· 2024-02-08 15:55
DTE Energy Company (DTE) reported fourth-quarter 2023 operating earnings per share (EPS) of $1.97, which came in line with the Zacks Consensus Estimate. The bottom line, however, improved 50.4% from the year-ago quarter’s reported figure of $1.31.The company reported GAAP earnings of $2.02 per share compared with $1.31 in the prior-year quarter.For 2023, the company recorded operating EPS of $5.73, which missed the Zacks Consensus Estimate of $5.75. The bottom line also declined 6.1% from the year-ago level ...
DTE Energy(DTE) - 2023 Q4 - Earnings Call Presentation
2024-02-08 15:55
DTE 2023 Year-end Earnings Conference Call February 8, 2024 The information contained herein is as of the date of this document. DTE Energy expressly disclaims any current intention to update any forward-looking statements contained in this document as a result of new information or future events or developments. Words such as "anticipate," "believe," "expect," "may," "could," "projected," "aspiration," "plans" and "goals" signify forward-looking statements. Forward-looking statements are not guarantees of ...
Compared to Estimates, DTE Energy (DTE) Q4 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-02-08 15:36
DTE Energy (DTE) reported $-999 million in revenue for the quarter ended December 2023, representing a year-over-year decline of 122.3%. EPS of $1.97 for the same period compares to $1.31 a year ago. ...