WASHINGTON (dpa-AFX) - DTE Energy Co (DTE) reported earnings for its first quarter that increased from last year and beat the Street estimates.
The company's bottom line totaled $445 million, or $2.14 per share. This compares with $313 million, or $1.51 per share, last year.
Excluding items, DTE Energy Co reported adjusted earnings of $436 million or $2.10 per share for the period.
Analysts on average had expected the company to earn $1.99 per share. Analysts' estimates typically exclude special items.
DTE Energy Co earnings at a glance (GAAP) :
-Earnings: $445 Mln. vs. $313 Mln. last year. -EPS: $2.14 vs. $1.51 last year.
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