dte

dte omponent DTE Energy Company (NYSE:DTE) will unveil its latest earnings on Thursday, July 28, 2011. DTE Energy Co. provides electricity and natural gas (NYSE:UNG) sales, distribution and storage services throughout southeastern Michigan. DTE Energy Company Earnings Preview Cheat Sheet Wall St. Earnings Expectations: The average estimate of analysts is for net income of 51 cents per share, a rise of 30.8% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 48 cents. Between one and three months ago, the average estimate moved up, and has risen from 50 cents during the last month. For the year, analysts are projecting profit of $3.58 per share, a decline of 0.6% from last year. Past Earnings Performance


The company fell short of estimates last quarter after topping forecasts the quarter prior. In the first quarter, it reported net income of $1.11 per share against a mean estimate of $1.21. Two quarters ago, it beat expectations by 3 cents with profit of 88 cents. Get more Earnings Cheat Sheets with our in depth coverage of earnings season >> Wall St. Revenue Expectations: On average, analysts predict $1.93 billion in revenue this quarter, a rise of 7.8% from the year ago quarter. Analysts are forecasting total revenue of $8.71 billion for the year, a rise of 1.8% from last year’s revenue of $8.56 billion. Analyst Ratings: Analysts seem relatively indifferent about DTE Energy Company with eight of 11 analysts surveyed maintaining a hold rating. Key Stats:

dte