DTE

DTE Energy Co Q3 adjusted earnings Beat Estimates

(RTTNews) - DTE Energy Co (DTE) revealed a profit for its third quarter that rose from the same period last year.

The company's bottom line came in at $476 million, or $2.46 per share. This compares with $319 million, or $1.73 per share, in last year's third quarter.

Excluding items, DTE Energy Co reported adjusted earnings of $504 million or $2.61 per share for the period.

Analysts had expected the company to earn $1.94 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

DTE Energy Co earnings at a glance:

-Earnings (Q3): $504 Mln. vs. $351 Mln. last year. -EPS (Q3): $2.61 vs. $1.91 last year. -Analysts Estimate: $1.94

-Guidance: Full year EPS guidance: $6.90 - $7.10

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.