DTE Energy Q3 EPS $1.44 Misses $1.86 Estimate
Portfolio Pulse from Benzinga Newsdesk
DTE Energy reported Q3 earnings of $1.44 per share, missing the analyst consensus estimate of $1.86 by 22.58 percent. This represents a 10 percent decrease from the same period last year.
November 01, 2023 | 11:08 am
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DTE Energy's Q3 earnings missed the analyst consensus estimate by 22.58 percent, a 10 percent decrease from the same period last year.
Earnings reports are a key indicator of a company's financial health. A miss on earnings estimates, especially by a significant margin like 22.58%, can negatively impact investor sentiment and lead to a decrease in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100