DTE Energy Q3 FY2026: operating EPS $2.30 beats as Vantage goes for $3 billion
DTE Energy beat on operating EPS and is selling its non-utility Vantage business for about $3.00 billion, but the 2027 baseline is the same range as 2026 guidance. Read the quarter as an operating beat plus a portfolio shift, not as an upgrade to the growth rate: revenue rose 5.7% to $3.73 billion and GAAP EPS reached $2.25 on $470 million of net income.
1 · Expected vs. Actual
Free preview belowOperating EPS of $2.30 beat the $2.17 consensus by $0.13, a 6.0% beat, and rose from $2.25 a year earlier. GAAP EPS of $2.25 was $0.08 above consensus and 11.9% higher than the $2.01 reported a year ago. The gap between the two is only $15 million of pre-tax adjustments, mostly mark-to-market on energy trading, so reported profit is unusually clean this quarter.
Revenue was $3.73 billion, up 5.7% from $3.53 billion a year earlier; there is no consensus revenue number in this dataset, so there is no beat to score. One warning: the three 'segment revenue' bars add to $601 million against $3.73 billion of total revenue, and they match segment net income exactly, so read them as profit lines, not sales. Use revenue as context only for a regulated utility, because earnings carry the story.
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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 2026-11-05
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