DTE Energy Co expected to post earnings of $1.88 a share - Earnings Preview

DTE Energy

22/10/2024 14:10

* DTE Energy Co  DTE.N   DTE  is expected to show a rise in
quarterly revenue when it reports  results on October 24 for the
period ending September 30 2024
    * The Detroit Michigan-based  company is expected to report
a
3.3% increase in revenue to $2.982 billion from $2.89 billion a
year ago, according to the mean estimate from 5 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for DTE Energy Co is for
earnings
of $1.88 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 9
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 1.4%
in the last three months. ​
    * Wall Street's median 12-month price target for DTE Energy
Co is
$134.50​, above​ its last closing price of $127.96. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   1.24        1.22       1.43      Beat    16.8
 Mar. 31 0001  1.64        1.71       1.67      Missed  -2.6
 Dec. 31 2023  1.93        1.96       1.97      Beat    0.6​
 Sep. 30 2023  1.49        1.63       1.44      Missed  -11.8
 ​​Jan.        0.89        0.93       0.99      Beat    6.3
 1 0001                                                 
 Mar. 31 2023  1.27        1.25       1.33      Beat    6.2​
 Dec. 31 2022  1.23        1.24       1.31      Beat    5.8
 Sep. 30 2022  1.56        1.58       1.60      Beat    1.4
 This summary was machine generated October 22 at 13:10 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)