secwatch.observer — SEC 8-K summary
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Issuer:     DTE Electric Co (—)
CIK:        0000028385
Form:       8-K
Filed at:   2026-04-30T23:59:59+00:00
Accession:  0000936340-26-000079
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DTE Energy Q1 operating EPS $1.95; secures Google 1 GW data center deal
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- Q1 GAAP net income $247M ($1.19 diluted EPS) vs $445M ($2.14) YoY; operating earnings $407M ($1.95) vs $436M ($2.10).
- Secured agreement to power Google's 1 GW data center in Michigan; contracts filed with MPSC, expected ~$1.7B affordability benefit for existing customers.
- Invested $1.2B in utilities in Q1, including $400M in electric distribution infrastructure for reliability improvements.
- 60% fewer outages during March severe weather vs similar historical events; 99% of customers restored within 48 hours.
- Confirmed 2026 operating EPS guidance range of $7.59-$7.73.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/28385/000093634026000079/0000936340-26-000079-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/28385/000093634026000079/dte-20260430.htm
  HTML page:      https://secwatch.observer/filing/0000936340-26-000079

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