DTE Energy Q2 2026: operating EPS $1.32 beats $1.18 estimate
DTE Energy's second quarter beat the analyst estimate: operating EPS of $1.32 versus $1.18 expected, though it was $0.04 below last year's $1.36. Revenue of $3.369 billion was 1.5% lower than a year earlier. Read the numbers as a steady utility quarter: DTE Vantage and Energy Trading carried the growth while DTE Electric earnings fell on weather and tax timing.
1 · Expected vs. Actual
Free preview belowOperating EPS of $1.32 came in 11.8% above the $1.18 consensus estimate, but slipped $0.04 from $1.36 a year ago. The mix explains the gap: DTE Electric earned $270 million, down $48 million on tax timing, higher rate base costs and unfavorable weather; DTE Vantage added $45 million, up $14 million on higher RNG and custom energy solutions earnings; and Energy Trading contributed $41 million, up $17 million on power portfolio timing. DTE Gas was a small negative at -$4 million.
Revenue came in at $3.369 billion, down 1.5% from $3.419 billion in the same quarter a year earlier. The filing's own flag notes that the segment lines sum to $356 million against $3.369 billion of revenue, and those three lines match the operating-earnings table, so treat them as profit contributions rather than sales. With no cost, gross margin or prior-year revenue line provided in the filing data, the top line is best read as flat-to-slightly-lower rather than as evidence of a demand problem.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-18
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