DTE Energy Co. (DTE) Tops Q3 EPS by 23c

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Go back to DTE Energy Co. (DTE) Tops Q3 EPS by 23c

DTE Energy reports third quarter 2015 results

October 23, 2015 6:30 AM EDT

DETROIT, Oct. 23, 2015 /PRNewswire/ -- DTE Energy (NYSE: DTE) today reported third quarter 2015 earnings of $265 million, or $1.47 per diluted share, compared with $156 million, or $0.88 per diluted share in 2014. Higher reported earnings in the third quarter were predominately due to a return to a more normal level of weather and storm activity at the electric utility.

Operating earnings for the third quarter 2015 were $252 million, or $1.40 per diluted share, compared with 2014 operating earnings of $181 million, or $1.02 per diluted share.  Operating earnings exclude non-recurring items,... More