DTE Energy Q1 2024 Adj. EPS $1.67 Misses $1.73 Estimate
Portfolio Pulse from Benzinga Newsdesk
DTE Energy reported its Q1 2024 adjusted earnings per share (EPS) of $1.67, missing the analyst consensus estimate of $1.73 by 3.47%.
April 25, 2024 | 11:05 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
DTE Energy's Q1 2024 earnings missed analyst expectations, reporting an adjusted EPS of $1.67 against the estimated $1.73.
Missing the earnings estimate typically leads to negative investor sentiment in the short term, potentially causing a decrease in stock price. The miss, although by a small margin of 3.47%, could still impact investor confidence and stock performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100