Detroit, Michigan-based DTE Energy Company (DTE) engages in regulated and unregulated energy businesses. With a market cap of $29.1 billion, DTE Energy generates electricity through coal-fired plants, hydroelectric pumped storage, and nuclear plants, as well as wind and solar assets.
The utilities giant is expected to announce its third-quarter results before the market opens on Thursday, Oct. 23. Ahead of the event, analysts expect DTE to deliver an adjusted profit of $2.14 per share, down 3.6% from $2.22 per share reported in the year-ago quarter. The company has a mixed earnings surprise history. While it surpassed the Street’s bottom-line estimates thrice over the past four quarters, it missed the projections on one other occasion.
