Home Markets Earnings Estimate Forecast on DTE Energy Company(DTE)

Earnings Estimate Forecast on DTE Energy Company(DTE)


DTE Energy Company(DTE): For the most recent quarter end, DTE Energy Company reported Annual Earnings of $0.81. Based on the filings, last years Annual Earnings was, $5.28. For the most recent quarter end, DTE reported a surprise Earnings per Share of -3.57% . The consensus estimate for current quarter is $1.57 and for the current fiscal year, the estimate is $5.32. For the Next fiscal year, the estimate is $5.66 based on the consensus.

DTE Energy Company has received $1.57 as the consensus Earnings Estimate for the Quarter ending on Mar 2017 ,According to the estimate provided by 2 Financial Advisor in the Stock Trading Firms. Among 2 Analysts, Bottom line EPS Estimate for the current quarter is $1.5 while the top line estimate is $1.63 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 2.96%. DTE Energy Company results fell short with a surprise EPS of -3.57% or $-0.03. The Actual EPS was $0.81 compared to the Estimated EPS of $0.84 during its most recent quarterly earnings.

DTE Energy Company has a Price to Earnings ratio of 18.78 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 1.87. For the Most Recent Fiscal Year, DTE Energy Company has a price to cash ratio of 9.23. For the Trailing twelve month period, company showed a Net Profit Margin of 8.17% and Return on Equity of the stock is 10.44%.

DTE Energy Company last declared its Dividend on Dec 15, 2016.

DTE Energy Co Last issued its quarterly earnings results on Feb 9, 2017. The company reported $0.81 EPS for the quarter, missing the analyst consensus estimate by $ -0.07. Analyst had a consensus of $0.88. The company had revenue of $2874.00 million for the quarter, compared to analysts expectations of $2805.65 million. The companys revenue was up 15.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.01 EPS.

Company has reported several Insider transactions to the SEC, on Feb 21, 2017, Gerard M Anderson (Chairman and CEO) sold 17,000 shares at 98.19 per share price.On Feb 14, 2017, David A Thomas (director) purchased 673 shares at 98.02 per share price.On Dec 9, 2016, Lisa A. Muschong (VP-Corp. Sec. & Chief of Staff) sold 520 shares at 95.95 per share price.

DTE Energy Company (NYSE:DTE) rose 0.34% or 0.34 points on Wednesday and made its way into the gainers of the day. After trading began at $98.79 the stock was seen hitting $99.381 as a peak level and $98.43 as the lowest level. The stock ended up at $99.29. The daily volume was measured at 689,761 shares. The 52-week high of the share price is $100.45 and the 52-week low is $81.75. The company has a market cap of $17,816 million.

DTE Energy is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide. Its largest operating units are Detroit Edison, an electric utility serving 2.1 million customers in Southeastern Michigan, and MichCon, a natural gas utility serving 1.2 million customers in Michigan. Detroit Edison is the Companys principal operating subsidiary. Affiliates of the Company are engaged in non-regulated businesses, including energy-related services and products.



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