Compared to Estimates, DTE Energy (DTE) Q2 Earnings: A Look at Key Metrics

Core Insights - DTE Energy reported a significant decline in revenue for the quarter ended June 2025, with a total revenue of -$999 million, marking a year-over-year decline of 134.8% [1] - The company's earnings per share (EPS) for the same period was $1.36, down from $1.43 a year ago, with an EPS surprise of -0.73% compared to the consensus estimate of $1.37 [1] Financial Performance Metrics - DTE Electric Deliveries were reported at 9,582 MWh, below the two-analyst average estimate of 10,035 MWh [4] - DTE Electric Sales for interconnection were 3,083 MWh, exceeding the two-analyst average estimate of 2,536.08 MWh [4] - Total DTE Electric Sales reached 12,665 MWh, slightly above the two-analyst average estimate of 12,571.21 MWh [4] - Total Gas Operating Revenue was $316 million, below the three-analyst average estimate of $336.95 million, but represented a year-over-year increase of 9.3% [4] - Operating Revenues from Non-Utility Operations (DTE Vantage) were $169 million, lower than the estimated $194.21 million, reflecting a year-over-year decline of 6.6% [4] - Utility Operations for Gas reported $316 million, with a year-over-year increase of 9.3%, but below the average estimate of $352.06 million [4] - Operating Revenues from Non-Utility Operations in Energy Trading were $1.32 billion, significantly exceeding the average estimate of $883.75 million, with a year-over-year increase of 58.2% [4] - Total Electric Operating Revenues were $1.69 billion, surpassing the $1.6 billion average estimate, representing a year-over-year change of 4.3% [4] - Utility Operations for Electric reported $1.68 billion, above the two-analyst average estimate of $1.56 billion, with a year-over-year increase of 4.4% [4] - Non-Utility Operations for Electric were $4 million, slightly below the average estimate of $4.22 million, reflecting a year-over-year decline of 20% [4] - Total Non-Utility Operations revenue was $1.44 billion, exceeding the average estimate of $1.07 billion, with a year-over-year increase of 44.6% [4] - Utility Operations overall reported $1.98 billion, above the two-analyst average estimate of $1.94 billion, with a year-over-year increase of 5.3% [4] Stock Performance - DTE Energy shares have returned +3.7% over the past month, slightly outperforming the Zacks S&P 500 composite's +3.6% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]