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 last four quarters, resulting in a positive average surprise of 2.08%.
Zacks Rank: Currently, DTE Energy has a Zacks Rank #3 (Hold) but that could change following its second quarter 2018 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 $1.36, which surpassed the Zacks Consensus Estimate of $1.07 by 27.1%.
Key Stats: The company raised its 2018 operating earnings per share guidance from the range of $5.57-$5.99 to $5.94-$6.32.
Check back later for our full write up on this DTE Energy Company earnings report later!
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From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
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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 last four quarters, resulting in a positive average surprise of 2.08%.
Zacks Rank: Currently, DTE Energy has a Zacks Rank #3 (Hold) but that could change following its second quarter 2018 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 $1.36, which surpassed the Zacks Consensus Estimate of $1.07 by 27.1%.
Key Stats: The company raised its 2018 operating earnings per share guidance from the range of $5.57-$5.99 to $5.94-$6.32.
Check back later for our full write up on this DTE Energy Company earnings report later!
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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