08.02.2024 14:04:36 - dpa-AFX: DTE Energy Confirms FY24 Operating Earnings Outlook; Q4 Adj. EPS Tops Estimates

WASHINGTON (dpa-AFX) - While reporting financial results for the fourth
quarter on Thursday, gas and electric utility DTE Energy Co. (DTE) confirmed its
operating earnings guidance for the full-year 2024 in the range of $6.54 to
$6.83 per share.

On average, 17 analysts polled by Thomson Reuters expect the company to report
earnings of $6.67 per share for the year. Analysts' estimates typically exclude
special items.

For the fourth quarter, the company reported net earnings of $419 million or
$2.02 per share, sharply lower than $265 million or $1.31 per share in the
prior-year quarter.

Excluding items, operating earnings for the quarter was $1.97 per share,
compared to $1.31 per share in the year-ago quarter.

The Street was looking for earnings of $1.96 per share for the quarter.

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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
DTE EN. CO. 853943 Frankfurt 101,000 30.05.24 08:00:12 -2,000 -1,94% 101,000 102,000 101,000 103,000

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