DTE Energy Company (DTE) reported first-quarter 2024 operating earnings per share (EPS) of $1.67, which missed the Zacks Consensus Estimate of $1.71 per share by 2.3%. However, the bottom line improved 25.6% from the year-ago quarter’s reported figure of $1.33.The company reported GAAP earnings of $1.51 per share compared with $2.16 in the prior-year quarter.Highlights of the ReleaseThe operating net income in the quarter was $346 million compared with $274 million in the year-ago period.Segmental DetailsUt ...

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 March 31, 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 incorpor ...

Detroit, April 22, 2024 (GLOBE NEWSWIRE) -- DTE Energy (NYSE:DTE), Michigan's largest producer of renewable energy, is working with the National Football League (NFL) and local tourism non-profit Visit Detroit to help the 2024 NFL Draft become carbon neutral. By leveraging DTE's voluntary renewable energy programs, the NFL will create a more sustainable environment for the hundreds of thousands of visitors coming to Detroit, with positive impact for the local community.  DTE is helping reduce carbon emissio ...

The market expects DTE Energy (DTE) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on ...

DTE Energy Corp.’s (DTE) disciplined capital spending program to maintain and upgrade the reliability of its electric utility systems boosts its performance. Given its growth prospects, DTE makes for a solid investment option in the utility sector.Let’s focus on the factors that make this Zacks Rank #2 (Buy) company a strong investment pick at the moment.Solid Growth ProjectionsThe Zacks Consensus Estimate for DTE Energy’s 2024 EPS has increased 0.45% to $6.70 per share over the past 90 days. The Zacks Cons ...

Investors interested in Utility - Electric Power stocks are likely familiar with DTE Energy (DTE) and PSEG (PEG) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.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 emphasizes companies with positive estimate ...

DTE Energy (DTE) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (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.Individua ...

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 ...

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 ...

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 ...