DTE Energy Expected to Report Strong Q2 Earnings Growth

DTE Energy Company (DTE) is set to announce its Q2 earnings for 2025 on Thursday, Jul. 24. Analysts expect a profit of $1.70 per share, up 18.9% from the previous year. For fiscal 2025, the company is projected to report a profit of $7.21 per share, increasing to $7.73 in fiscal 2026.

Shares of DTE have surged 20.8% over the past year, outperforming the S&P 500 Index and the Utilities Select Sector SPDR Fund. Despite a marginal decline after Q1 earnings, DTE’s overall adjusted EPS of $2.10 beat estimates by 6.1%. The company expects operating EPS for fiscal 2025 in the range of $7.09 to $7.23.

Wall Street analysts have a “Moderate Buy” rating on DTE, with a mean price target of $144.93, indicating a 9.8% potential upside from current levels. Among 19 analysts covering the stock, 11 recommend “Strong Buy” and one suggests a “Moderate Buy.”

Read more at Yahoo Finance: DTE Energy Earnings Preview: What to Expect