Valued at a market cap of $26.5 billion, DTE Energy Company (DTE) is a utility company that develops and manages regulated and unregulated energy businesses. The Detroit, Michigan-based company is the largest electric utility in Michigan. It is expected to announce its fiscal Q3 earnings results before the market opens on Thursday, Oct. 24.
Ahead of this event, analysts project the electric services company to report a profit of $1.80 per share, up 25% from $1.44 per share in the year-ago quarter. The company has met or beaten Wall Street's earnings estimates in two of the last four quarters while missing on other two occasions.
