earnings
confidence high
sentiment positive
materiality 0.45
DTE Gas Q3 2023 net loss $5M, improved from $24M loss; nine-month net income $190M vs $178M
DTE ENERGY CO
2023-Q3 EPS reported
$4.74
- Q3 2023 net loss improved to $5M from $24M loss; operating income $16M vs loss of $10M.
- Nine-month 2023 net income $190M vs $178M; operating income $313M vs $297M.
- Q3 revenue nearly flat at $224M vs $225M; nine-month revenue down 8% to $1,228M from $1,337M.
- Cost of gas fell sharply: Q3 $22M vs $37M; nine months $320M vs $423M.
- Parent contributed $216M capital in 2023 vs $60M in 2022; dividends paid $144M vs $122M.