DTE Energy: Fourth Quarter Earnings Overview

DTE Energy Announces Fourth-Quarter Financial Results

DTE Energy Co., headquartered in Detroit, revealed on Tuesday that it earned $369 million during the fourth quarter.

The company's earnings amounted to $1.77 per share, with adjusted earnings—excluding one-time gains—coming in at $1.65 per share.

These figures surpassed the expectations of Wall Street analysts, as a consensus of five experts polled by Zacks Investment Research had predicted earnings of $1.52 per share.

Over the entire year, DTE Energy reported a net income of $1.46 billion, translating to $7.03 per share.

Looking ahead, DTE Energy projects its annual earnings to fall between $7.59 and $7.73 per share.