---
schema_version: "secwatch.filing_event.v1"
accession: "0000936340-24-000115"
form_type: "8-K"
ticker: null
cik: "0000028385"
company_name: "DTE Electric Co"
filed_at: "2024-04-25T23:59:59+00:00"
generated_at: "2026-06-03T08:24:22.727872+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# DTE Energy Q1 operating EPS $1.67 beats prior year $1.33; reaffirms FY2024 guidance

## Summary
- GAAP net income $313M ($1.51 diluted EPS) vs $445M ($2.16) in Q1 2023; operating earnings $346M ($1.67) vs $274M ($1.33).
- Invested over $1B in Q1 2024 on electric/gas infrastructure; on track for >$4B in 2024.
- Reaffirms 2024 operating EPS guidance of $6.54-$6.83.
- Accomplishments: ENERGY STAR Partner of Year, 175 years of DTE Gas, MIGreenPower growth, Gallup Exceptional Workplace.
- No significant changes to outlook or prior guidance.

## SEC filing metadata
- accession: 0000936340-24-000115
- form_type: 8-K
- cik: 0000028385
- company_name: DTE Electric Co
- filed_at: 2024-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/28385/000093634024000115/0000936340-24-000115-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/28385/000093634024000115/dte-20240425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000936340-24-000115
- JSON: https://secwatch.observer/filing/0000936340-24-000115.json
- Plain text: https://secwatch.observer/filing/0000936340-24-000115.txt

## Key facts
- Earnings Releases
  DTE Electric Co reported the quarter ended March 31, 2024 results: net income $313 million, EPS $1.51 per diluted share. Guidance reaffirmed.
  - Period: the quarter ended March 31, 2024
  - Net income: $313 million
  - EPS: $1.51 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: The company also reported first quarter earnings of $313 million or $1.51 per diluted share, compared with $445 million, or $2.16 per diluted share in 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/28385/000093634024000115/0000936340-24-000115-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
