DTE Energy reports strong third quarter 2019 results, increases 2019 guidance, provides 2020 early outlook and increases dividend 7 percent

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Go back to DTE Energy reports strong third quarter 2019 results, increases 2019 guidance, provides 2020 early outlook and increases dividend 7 percent

DTE Energy (DTE) Misses Q3 EPS by 7c; Raises FY19 EPS Guidance, Provides FY20 EPS Outlook

October 28, 2019 7:02 AM EDT

DTE Energy (NYSE: DTE) reported Q3 EPS of $1.91, $0.07 worse than the analyst estimate of $1.98.

"This dividend increase reflects the company's strong performance and ability to consistently achieve our goals," said Jerry Norcia, DTE Energy President and CEO. "The Board's approval of the increase signals confidence in the company's performance and long-term strategic plan."

Norcia also noted the following business and environmental accomplishments:

Announced goal to achieve net zero carbon emissions in electric company by 2050: This sets the framework for DTE to go beyond its existing commitment to reduce carbon emissions 50% by... More