DTE Energy Revised Its FY23 Operating EPS Guidance From $6.09-$6.40 To $5.65-$5.85 Vs. $6.2 Consensus
Portfolio Pulse from Benzinga Newsdesk
DTE Energy has revised its FY23 operating EPS guidance from $6.09-$6.40 to $5.65-$5.85, lower than the $6.2 consensus. The revision is due to additional headwinds from storms and cooler weather experienced in Q3. The company plans to offset the majority of these headwinds in 2023.
November 01, 2023 | 11:18 am
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NEGATIVE IMPACT
DTE Energy's revised FY23 operating EPS guidance is lower than the consensus, due to weather-related headwinds. This could potentially impact the company's stock price.
DTE Energy's revised EPS guidance for FY23 is lower than the consensus, which could negatively impact investor sentiment and potentially lead to a decrease in the company's stock price. The company's plan to offset these headwinds in 2023 might mitigate some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100