Earnings Preview: DTE Energy
Portfolio Pulse from Benzinga Insights
DTE Energy (NYSE:DTE) is scheduled to release its quarterly earnings report on February 8, 2024, with an expected EPS of $1.96. Analysts and investors are particularly interested in the company's guidance for future quarters, as past performance shows mixed results with both earnings misses and beats followed by varied stock price reactions. DTE Energy's stock has declined by 6.94% over the last 52 weeks, trading at $104.21 as of February 6.
February 07, 2024 | 3:02 pm
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NEUTRAL IMPACT
DTE Energy is expected to report an EPS of $1.96 for the upcoming quarter. Past earnings have shown mixed results, affecting stock prices variably. The stock has seen a 6.94% decline over the past year.
Given DTE Energy's mixed past earnings performance and the current downward trend in stock price, the upcoming earnings report and particularly the future guidance could play a crucial role in short-term stock movement. However, the impact is uncertain due to the mixed reactions to past earnings, hence a neutral score.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100