Investing.com - DTE Energy reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
DTE Energy announced earnings per share of $1.05 on revenue of $3.31B. Analysts polled by Investing.com anticipated EPS of $0.9418 on revenue of $3.2B.
DTE Energy shares are down 0% from the beginning of the year and are trading at $118.82 , down-from-52-week-high.They are outperforming the S&P 500 which is down 4.13% from the start of the year.
DTE Energy shares lost 1.41% in intra-day trade following the report.
DTE Energy follows other major Utilities sector earnings this month
DTE Energy's report follows an earnings beat by NextEra Energy on Tuesday, January 25, 2022, who reported EPS of $0.41 on revenue of $5.05B, compared to forecasts EPS of $0.3897 on revenue of $6.25B.
Duke Energy had missed expectations on Thursday with fourth quarter EPS of $0.94 on revenue of $6.24B, compared to forecast for EPS of $0.9659 on revenue of $6.53B.
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