secwatch.observer — SEC 8-K summary
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Issuer:     DTE Electric Co (—)
CIK:        0000028385
Form:       8-K
Filed at:   2024-04-25T23:59:59+00:00
Accession:  0000936340-24-000115
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/28385/000093634024000115/0000936340-24-000115-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/28385/000093634024000115/dte-20240425.htm
  HTML page:      https://secwatch.observer/filing/0000936340-24-000115

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer