DTE Energy's (DTE) Q1 Earnings Lag Estimates, Rise Y/Y

DTE Energy Company (DTE) reported first-quarter 2024 operating earnings per share (EPS) of $1.67, which missed the Zacks Consensus Estimate of$1.71 per share by 2.3%. However, the bottom line improved 25.6% from the year-ago quarter’s reported figure of $1.33.The company reported GAAP earnings of$1.51 per share compared with $2.16 in the prior-year quarter.Highlights of the ReleaseThe operating net income in the quarter was$346 million compared with $274 million in the year-ago period.Segmental DetailsUt ...