DTE Energy Reaffirms FY24 Operating EPS Of $6.54-$6.83 Vs. $6.70 Est.
Portfolio Pulse from Benzinga Newsdesk
DTE Energy has reaffirmed its fiscal year 2024 operating earnings per share (EPS) guidance in the range of $6.54 to $6.83, compared to the estimated $6.70.
October 24, 2024 | 10:57 am
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NEUTRAL IMPACT
DTE Energy has reaffirmed its FY24 operating EPS guidance between $6.54 and $6.83, which is in line with the market estimate of $6.70. This suggests stability in the company's financial outlook.
The reaffirmation of the EPS guidance suggests that DTE Energy's financial performance is expected to be stable and in line with market expectations. This is likely to result in a neutral short-term impact on the stock price as there are no surprises or deviations from what investors anticipated.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100