DTE Energy Company

DTE

US2333311072

Electric Utilities

Real-time Estimate Cboe BZX Other stock markets 03:24:58 2024-04-25 pm EDT			5-day change	1st Jan Change
110.8 ^USD	-0.65%		+3.71%	+0.15%

03:29pm	DTE Energy Company Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
03:22pm	DTE Energy Q1 Operating Earnings Rise; 2024 Guidance Reaffirmed	MT

DTE Energy Company Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022

July 28, 2022 at 09:27 am EDT

DTE Energy Company reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 4,924 million compared to USD 3,021 million a year ago. Revenue was USD 4,924 million compared to USD 3,021 million a year ago. Net income was USD 37 million compared to USD 179 million a year ago. Basic earnings per share from continuing operations was USD 0.19 compared to USD 0.6 a year ago. Diluted earnings per share from continuing operations was USD 0.19 compared to USD 0.6 a year ago. Basic earnings per share was USD 0.19 compared to USD 0.92 a year ago. Diluted earnings per share was USD 0.19 compared to USD 0.92 a year ago.
For the six months, sales was USD 9,501 million compared to USD 6,602 million a year ago. Revenue was USD 9,501 million compared to USD 6,602 million a year ago. Net income was USD 431 million compared to USD 576 million a year ago. Basic earnings per share from continuing operations was USD 2.22 compared to USD 2.25 a year ago. Diluted earnings per share from continuing operations was USD 2.22 compared to USD 2.25 a year ago. Basic earnings per share was USD 2.22 compared to USD 2.97 a year ago. Diluted earnings per share was USD 2.22 compared to USD 2.97 a year ago.

Latest news about DTE Energy Company

DTE Energy Company Reports Earnings Results for the First Quarter Ended March 31, 2024	09:29am	CI
DTE Energy Q1 Operating Earnings Rise; 2024 Guidance Reaffirmed	09:22am	MT
Transcript : DTE Energy Company, Q1 2024 Earnings Call, Apr 25, 2024	08:30am
Earnings Flash (DTE) DTE ENERGY Reports Q1 EPS $1.67, vs. Street Est of $1.67	07:52am	MT
Social Buzz: Wallstreetbets Stocks Mostly Higher Pre-Bell Tuesday; Nvidia, Super Micro Computer to Advance	Apr. 23	MT
Morgan Stanley Adjusts DTE Energy's Price Target to $108 From $109, Maintains Overweight Rating	Apr. 23	MT
BMO Capital Adjusts DTE Energy Company Price Target to $119 From $113	Apr. 22	MT
Scotiabank Adjusts DTE Energy's Price Target to $120 From $129	Apr. 22	MT
Social Buzz: Wallstreetbets Stocks Mostly Higher Premarket Thursday; Trump Media & Technology Group, Super Micro Computer to Open Higher	Apr. 18	MT
BMO Capital Adjusts DTE Energy Price Target to $113 From $111	Apr. 17	MT
Barclays Adjusts DTE Energy's Price Target to $115 From $112	Apr. 12	MT
Social Buzz: Wallstreetbets Stocks Mostly Lower Premarket Friday; Advanced Micro Devices to Decline, Globe Life to Increase	Apr. 12	MT
Social Buzz: Wallstreetbets Stocks Mostly Lower Premarket Thursday; Reddit to Decline, Plains All American Pipeline to Open Higher	Apr. 11	MT
Deutsche Telekom's T-Systems Deploys Frequentis Product at Dublin Airport	Apr. 11	MT
Deutsche Telekom, Orange Blast EU Proposal Allowing US Big Tech to Bid for Sensitive Contracts	Apr. 11	MT
Social Buzz: Wallstreetbets Stocks Mostly Higher Pre-Bell Monday; MicroStrategy, Tesla to Advance	Apr. 08	MT
Deutsche Telekom's Likando Wins Nod for Committee Voting in Public Sector in Germany	Apr. 08	MT
German Stocks Join Regional Retreat in Europe as Construction Sector Woes Remain	Apr. 05	MT
Deutsche Telekom's T-Systems Secures Contract to Operate Mainframe Infrastructure of Danish IT Company KMD	Apr. 05	MT
As You Sow Files a Notice of Exempt Solicitation to DTE Energy Co	Apr. 04	CI
Deutsche Telekom's T-Systems, Corent Technology Sign Partnership Deal	Mar. 28	MT
Deutsche Telekom's CO2 Emissions, Energy Consumption Decline in FY23	Mar. 26	MT
Morgan Stanley Adjusts Price Target on DTE Energy to $109 From $108, Keeps Overweight Rating	Mar. 21	MT
Social Buzz: Wallstreetbets Stocks Mixed Premarket Wednesday; MicroStrategy to Decline, Tesla to Open Higher	Mar. 20	MT
JPMorgan Adjusts Price Target on DTE Energy to $120 From $118, Maintains Neutral Rating	Mar. 13	MT

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Company Profile

DTE Energy Company specializes in producing and distributing electricity. Net sales (including intragroup) break down by activity as follows: - electricity production and distribution (44.8%): to nearly 2.3 million customers in Michigan; - energetic products trading (35.5%); - acquisition, transmission and distribution of natural gas (13.5%): about 1.3 million customers; - other (6.2%).

Sector

Electric Utilities

Calendar

2024-04-24 - Q1 2024 Earnings Release

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S&P 500

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Ratings for DTE Energy Company

Trading Rating

Investor Rating

ESG Refinitiv

A-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

111.6 USD

Average target price

117.9 USD

Spread / Average Target

+5.70%

Consensus

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Quarterly earnings - Rate of surprise

Company calendar

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