DTE Energy (NYSE:DTE) Full Year 2024 Results

Key Financial Results

• Revenue: US$12.5b (down 2.3% from FY 2023).
• Net income: US$1.40b (flat on FY 2023).
• Profit margin: 11% (in line with FY 2023).
• EPS: US$6.78 (up from US$6.77 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

DTE Energy Revenues Disappoint

Revenue missed analyst estimates by 4.0%. Earnings per share (EPS) was mostly in line with analyst estimates.

Looking ahead, revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Integrated Utilities industry in the US.

Performance of the American Integrated Utilities industry.

The company's shares are up 5.2% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for DTE Energy you should be aware of, and 1 of them doesn't sit too well with us.

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