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DTE Energy: Q4 Earnings Snapshot

DETROIT (AP) — DETROIT (AP) — DTE Energy Co. (DTE) on Tuesday reported fourth-quarter earnings of $369 million.

The Detroit-based company said it had profit of $1.77 per share. Earnings, adjusted for non-recurring gains, were $1.65 per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.52 per share.

For the year, the company reported profit of $1.46 billion, or $7.03 per share.

DTE Energy expects full-year earnings in the range of $7.59 to $7.73 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DTE at https://www.zacks.com/ap/DTE

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updated by pwenzel 3:13pm
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