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Mar 31, 2024

DTE Energy Q1 2024 Earnings Report

DTE Energy reported first quarter earnings and accomplishments.

Key Takeaways

DTE Energy reported first quarter earnings of $313 million, or $1.51 per diluted share, compared with $445 million, or $2.16 per diluted share in 2023. Operating earnings for the first quarter 2024 were $346 million, or $1.67 per diluted share, compared with 2023 operating earnings of $274 million, or $1.33 per diluted share.

Continued significant investments to improve reliability and transition to cleaner generation; on track to invest more than $4 billion into our utilities in 2024

Earned the ENERGY STAR Partner of the Year award for sustained excellence in energy efficiency.

Celebrated 175 years of service at DTE Gas.

Grew MIGreenPower voluntary renewables program by enrolling Taubman Realty Group and other customers.

Total Revenue
$0
Previous year: $3.78B
-100.0%
EPS
$1.67
Previous year: $1.33
+25.6%
Gross Profit
$0
Cash and Equivalents
$292M
Previous year: $115M
+153.9%
Total Assets
$45.9B
Previous year: $42.5B
+8.0%

DTE Energy

DTE Energy

Forward Guidance

DTE Energy confirms 2024 operating EPS guidance of $6.54 - $6.83.