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Dte Energy Company (DTE)
NYSE:DTE
Earnings Data
Report Date
Apr 24, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
1.89Last Year’s EPS
1.67Same Quarter Last Year
Moderate Buy
Based on 12 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 13, 2025
|% Change Since: 5.63%
|Next Earnings Date:Apr 24, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a positive outlook for DTE Energy, with strong financial performance in 2024, significant investments in cleaner energy and reliability, and promising opportunities in data center growth that could drive future earnings. Despite some challenges in the gas segment and variability in Vantage, the company's strategic focus and financial stability suggest a robust growth trajectory.Company Guidance
In the DTE Energy Company Q4 2024 earnings call, the company provided robust guidance for the future, outlining their strategic plan for substantial growth. The guidance highlighted a target for operating earnings per share (EPS) growth of 6% to 8% through 2029, with a focus on achieving at least the upper end of this range from 2025 to 2027. The 2025 operating EPS guidance is set between $7.09 and $7.23 per share, representing a 7% growth from the 2024 midpoint. The company plans to invest $30 billion over the next five years, with a $5 billion increase primarily aimed at enhancing grid reliability and transitioning to cleaner energy. This investment will support Michigan's clean energy legislation and the company's voluntary renewables program. Additionally, DTE Energy anticipates tax credits, specifically the 45Z credits, to bolster their growth targets and provide financial flexibility. The call emphasized DTE's commitment to maintaining customer affordability while achieving these ambitious plans.Successful 2024 Financial Performance
DTE Energy achieved operating EPS of $6.83 per share, reaching the high end of their guidance and providing over 9% growth over the 2023 original guidance midpoint.
Significant Investment in Clean Energy
DTE plans to invest $30 billion over the next five years, a $5 billion increase from the previous plan, primarily for reliability improvements and transitioning to cleaner generation.
Improved Reliability
DTE Electric saw a 70% reduction in the duration of outages in 2024 due to grid improvements and less storm activity.
Data Center Growth Potential
DTE has signed agreements for approximately 2,100 megawatts of potential new load from data centers, with further discussions underway.
Strong Credit and Balance Sheet
DTE maintains a strong balance sheet with minimal equity issuances planned through 2027, targeting an FFO to debt ratio of 15% to 16%.
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DTE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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DTE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 13, 2025 | $124.19 | $127.81 | +2.91% |
| Oct 24, 2024 | $128.82 | $128.60 | -0.17% |
| Jul 25, 2024 | $115.90 | $116.18 | +0.24% |
| Apr 25, 2024 | $108.65 | $108.26 | -0.36% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Dte Energy Company (DTE) report earnings?
Dte Energy Company (DTE) is schdueled to report earning on Apr 24, 2025, TBA Not Confirmed.
What is Dte Energy Company (DTE) earnings time?
Dte Energy Company (DTE) earnings time is at Apr 24, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is DTE EPS forecast?
DTE EPS forecast for the fiscal quarter 2025 (Q1) is 1.89.
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