DTE Energy Q4 Profit Declines, Misses Estimates

DTE Energy Co's fourth quarter profit shows a decline, missing analysts' estimates. The company's EPS dropped from $2.02 to $1.41. This underperformance may negatively impact investor confidence moving forward.

Date: 13-02-2025

AI Rating: 4

DTE Energy Co's Earnings Review

DTE Energy Co has reported a decrease in profit for the fourth quarter, totaling $292 million, or $1.41 per share, compared to $419 million, or $2.02 per share, from the previous year. This represents a significant drop in Earnings Per Share (EPS), missing the analysts' expectations of $1.44 per share.

The reported figures indicate a negative trend in terms of earnings, revealing potential concerns for investors. The operating earnings also showed a decline, standing at $314 million or $1.51 per share, versus $406 million or $1.97 per share from the same period last year.

The expectations for full-year 2025 indicate operational earnings of $7.09 to $7.23 per share, which may provide a glimpse of future performance but still reflects lower earnings than historical performance. Investors are likely to view this guidance cautiously, given the current earnings decrease.

Stocks: DTE