DTE Energy(DTE)

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DTE Energy(DTE) - 2024 Q3 - Earnings Call Transcript
2024-10-24 19:21
DTE Energy Company (NYSE:DTE) Q3 2024 Earnings Conference Call October 24, 2024 9:00 AM ET Company Participants Matt Krupinski - Director, IR Gerardo Norcia - Chairman and CEO Joi Harris - President and COO David Ruud - EVP and CFO Conference Call Participants Shar Pourreza - Guggenheim Partners Durgesh Chopra - Evercore ISI Jeremy Tonet - JPMorgan Nick Campanella - Barclays David Arcaro - Morgan Stanley Julien Dumoulin-Smith - Jefferies Michael Sullivan - Wolfe Research Paul Fremont - Ladenburg Bill Appice ...
DTE Energy (DTE) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2024-10-24 19:01
For the quarter ended September 2024, DTE Energy (DTE) reported revenue of $-999 million, down 134.6% over the same period last year. EPS came in at $2.22, compared to $1.44 in the year-ago quarter. ...
DTE Energy's Q3 Earnings Surpass Estimates, Increase Y/Y
ZACKS· 2024-10-24 14:26
DTE Energy Company (DTE) reported third-quarter 2024 operating earnings per share (EPS) of $2.22, which beat the Zacks Consensus Estimate of $1.87 by 18.7%. The bottom line also improved a solid 54.2% from the year-ago reported figure of $1.44. The company reported GAAP earnings of $2.30 per share compared with $1.61 in the prior-year quarter. Highlights of the Release The operating net income in the quarter was $460 million compared with $298 million in the year-ago period. Segmental Details Utility Operat ...
DTE Energy(DTE) - 2024 Q3 - Quarterly Report
2024-10-24 14:23
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________________ FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period ended September 30, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number: 1-11607 DTE Energy Company Michigan 38-3217752 (State or other jurisdiction of inco ...
DTE Energy reports third quarter 2024 accomplishments, earnings and investments in improving energy infrastructure
GlobeNewswire News Room· 2024-10-24 11:00
Continued on path to improving electric reliability through investments in smart grid technology and new substations Began construction of three new solar parks, all funded by company's voluntary MIGreenPower program Installed nearly 1,000 free air conditioners for people in need in metro Detroit Published 2023 CleanVision Sustainability Report Recognized for initiatives in making DTE a great place to work DETROIT, Oct. 24, 2024 (GLOBE NEWSWIRE) -- DTE Energy (NYSE:DTE) invested over $3 billion so far this ...
3 Wind Energy Stocks to Buy Ahead of Q3 Earnings Releases
ZACKS· 2024-10-22 19:00
The United States is expected to see robust demand for electric power from artificial intelligence (AI)-driven data center growth, widespread adoption of electric vehicles (EV), and an increase in residential demand. In this regard, renewable energy is emerging as an industry promising long-term gains. Out of several forms of alternative energy, wind energy is at the forefront of the global transition toward renewable energy, a critical theme in combating climate change. Here, we have selected three utiliti ...
DTE Energy (DTE) Upgraded to Strong Buy: Here's Why
ZACKS· 2024-10-22 17:06
DTE Energy (DTE) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. Th ...
Here's Why DTE Energy (DTE) is a Strong Momentum Stock
ZACKS· 2024-10-16 14:55
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both. The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. Zacks Premium also includes the Zacks Style Scores. Wha ...
Be alert for DTE Energy impersonators
GlobeNewswire News Room· 2024-10-11 22:48
Detroit, Oct. 11, 2024 (GLOBE NEWSWIRE) -- DTE Energy is urging all media outlets to make their audiences aware of DTE impersonators. On October 11, 2024, a homicide took place in Rochester Hills allegedly committed by imposters representing themselves as DTE employees. Our hearts go out to the victims of this horrific and tragic event, and we hope the perpetrators are quickly apprehended and brought to justice. If anyone arrives at your home or business claiming they are from DTE, please ask to see a badge ...
DTE Energy schedules third quarter 2024 earnings release, conference call
GlobeNewswire News Room· 2024-10-10 12:30
Detroit, Oct. 10, 2024 (GLOBE NEWSWIRE) -- DTE Energy (NYSE:DTE) will announce its third quarter 2024 earnings before the market opens Thursday, October 24, 2024. The company will conduct a conference call to discuss earnings results at 9:00 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 U.S. and international toll telephone dia ...