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DTE Energy (DTE) Q1 Earnings Top Estimates, Keeps '19 EPS View

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Detroit, MI-based DTE Energy Company (DTE - Free Report) 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.

Surprise History

Coming to the earnings surprise, DTE Energy has surpassed the Zacks Consensus Estimate in three of the trailing four quarters, resulting in a positive average surprise of 11.23%.

Zacks Rank: Currently, DTE Energy has a Zacks Rank #2 (Buy) but that could change following its first 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 $2.05, which surpassed the Zacks Consensus Estimate of $1.95.

DTE Energy Company Price and EPS Surprise

Key Stats: The company reiterated its 2019 operating earnings per share guidance in the range of $5.97-$6.33.

Check back later for our full write up on this DTE Energy Company earnings report later!

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