Detroit, MI based, DTE Energy Corp. (NYSE:DTE) is a holding company with subsidiaries engaged in regulated and unregulated energy businesses. The company’s largest regulated subsidiaries comprise DTE Electric Company and DTE Gas Company.
DTE Energy Company Price and EPS Surprise
Surprise History
Coming to the earnings surprise, DTE Energy has surpassed the Zacks Consensus Estimate in two of the trailing four quarters, resulting in a positive average surprise of 4.32%.
Zacks Rank: Currently, DTE Energy has a Zacks Rank #3 (Hold) but that could change following its second quarter 2019 earnings report which has just released. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
We have highlighted some of the key details from the just-released announcement below
Earnings: DTE Energy’s adjusted earnings per share came in at $2, which missed the Zacks Consensus
Estimate of $1.91.
Key Stats: The company raised its 2019 operating earnings per share guidance to the range of $6.06-$6.40.
Check back later for our full write up on this DTE Energy earnings report later!
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DTE Energy Company (DTE): Free Stock Analysis Report
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