DTE Energy (NYSE:DTE – Get Free Report) is set to release its earnings data before the market opens on Thursday, October 24th. Analysts expect DTE Energy to post earnings of $1.80 per share for the quarter. DTE Energy has set its FY24 guidance at $6.54-6.83 EPS.Parties interested in listening to the company’s conference call can do so using this link.
DTE Energy (NYSE:DTE – Get Free Report) last released its quarterly earnings data on Thursday, July 25th. The utilities provider reported $1.43 EPS for the quarter, topping analysts’ consensus estimates of $1.21 by $0.22. The firm had revenue of $2.88 billion for the quarter, compared to the consensus estimate of $2.65 billion. DTE Energy had a return on equity of 12.18% and a net margin of 11.18%. During the same quarter in the prior year, the company posted $0.99 earnings per share. On average, analysts expect DTE Energy to post $7 EPS for the current fiscal year and $7 EPS for the next fiscal year.
DTE Energy Price Performance
NYSE DTE opened at $128.47 on Thursday. The company has a quick ratio of 0.52, a current ratio of 0.69 and a debt-to-equity ratio of 1.73. The stock has a market capitalization of $26.59 billion, a PE ratio of 21.03, a price-to-earnings-growth ratio of 2.29 and a beta of 0.67. DTE Energy has a 12-month low of $92.58 and a 12-month high of $129.53. The company has a 50 day moving average price of $124.73 and a two-hundred day moving average price of $117.02.
Analyst Ratings Changes
View Our Latest Stock Analysis on DTE
DTE Energy Company Profile
DTE Energy Company engages in the utility operations. The company's Electric segment generates, purchases, distributes, and sells electricity to various residential, commercial, and industrial customers in southeastern Michigan. It generates electricity through coal-fired plants, hydroelectric pumped storage, and nuclear plants, as well as wind and solar assets.
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