DTE Energy Co reports results for the quarter ended June 30 - Earnings Summary

DTE Energy

30/07/2025 18:41

DTE Energy Co DTE.N reported quarterly adjusted earnings of $1.36​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $1.43.  The mean expectation of fourteen analysts for the quarter was for earnings of $1.40 per share. Wall Street expected results to range from $1.32  to $1.54 per share.

Revenue rose 18.9% to $3.42 billion from a year ago; analysts expected $2.78 billion.

DTE Energy Co's reported EPS for the quarter was $1.10​.

The company reported quarterly net income of $229 million.

DTE Energy Co shares had risen by 3.5% this quarter and gained 13.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 10.6% in the last three months.​

In the last 30 days, eight analysts negatively revised earnings estimates

RECOMMENDATIONS

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 average consensus recommendation for the electric utilities peer group is also "buy"

Wall Street's median 12-month price target for DTE Energy Co is $146.50, about 6.4% above its last closing price of $137.10

This summary was machine generated from LSEG data July 30 at 05:41 p.m. UTC. ​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)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Jun. 30 2025
1.40
1.36
Missed
Mar. 31 2025
2.00
2.10
Beat
Dec. 31 2024
1.43
1.51
Beat
Sep. 30 2024
1.88
2.22
Beat