Recap: DTE Energy Q4 Earnings

DTE Energy DTE reported its Q4 earnings results on Thursday, February 10, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

DTE Energy beat estimated earnings by 25.0%, reporting an EPS of $1.05 versus an estimate of $0.84.

Revenue was up $1.36 billion from the same period last year.

Last quarter the company missed on EPS by $0.1, which was followed by a 0.52% increase in the share price the next day.

Here's a look at DTE Energy's past performance:

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	1.82	1.26	2.12	1.24
EPS Actual	1.72	1.70	2.44	1.39
Revenue Estimate	3.31B	2.84B	3.21B	3.19B
Revenue Actual	3.71B	3.23B	3.78B	3.29B

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

DTE Energy management provided guidance for their next quarter, expecting earnings between $5.8 and $6.0 per share for the next quarter.

This represents a 461.9% in quarter-over-quarter growth for DTE Energy, a bullish signal to many investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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