Investing.com - DTE Energy reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
DTE Energy announced earnings per share of $1.53 on revenue of $2.89B. Analysts polled by Investing.com anticipated EPS of $1.27 on revenue of $2.93B.
DTE Energy shares are down 11% from the beginning of the year and are trading at $114.92 , down-from-52-week-high.They are under-performing the S&P 500 which is up 0.33% from the start of the year.
DTE Energy shares gained 0.80% in intra-day trade the report.
DTE Energy follows other major Utilities sector earnings this month
DTE Energy's report follows an earnings beat by NextEra Energy on Friday, who reported EPS of $2.61 on revenue of $4.2B, compared to forecasts EPS of $2.5 on revenue of $5.17B.
Kinder Morgan had matched expectations on Wednesday, July 22, 2020 with second quarter EPS of $0.17 on revenue of $2.56B, compared to forecast for EPS of $0.17 on revenue of $2.9B.
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