DTE Energy's Q3 Earnings Surpass Estimates, Increase Y/Y

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 ...