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DTE Energy — Third Quarter 2026 Earnings Summary

  • Q3 2026 reported earnings rose to $470 million ($2.25/share) from $419 million ($2.01/share) in 2025, driven by a $77 million gain in the DTE Vantage segment, though DTE Electric earnings declined to $468 million from $506 million; nine-month reported earnings fell to $999 million from $1,093 million.
  • Confirmed 2026 operating EPS guidance of $7.59 to $7.73 and provided 2027 pro forma operating EPS guidance of $7.59 to $7.73, reflecting the anticipated sale of the DTE Vantage business.
  • Announced the sale of the non-utility DTE Vantage business for approximately $3 billion to investors advised by J.P. Morgan Asset Management, with closing expected in the first half of 2027, while committing to invest $6.1 billion in utilities in 2026 and $44 billion over the next five years.
  • Completed the 100-megawatt Cold Creek Solar Park with Ford Motor Company and secured energy contracts for two hyperscale data centers in Michigan, aiming to end coal use by 2032 and reduce CO2 emissions by 84%.
Company
DTE ENERGY CO
Sector
Utilities
Industry
Utilities - Regulated Electric