DTE Energy Lifts 2017 Operating EPS Outlook

(RTTNews) - DTE Energy (DTE) increased its 2017 operating earnings per share guidance to $5.26 - $5.57 from the prior estimation of $5.15 - $5.46 per share. Analysts polled by Thomson Reuters expect the company to report earnings of $5.33 per share for 2017. Analysts' estimates typically exclude special items.

"We are confident in raising our operating earnings guidance from a midpoint of $5.31 to $5.42 per share based on our continued strong performance within our non-utility businesses," said Peter Oleksiak, DTE Energy senior vice president and chief financial officer.