8-KEarnings & ResultsRegulation FDExhibits & Filings

DTE ENERGY CO 8-K Report, Financial Results (Apr 27, 2011)

Filed April 27, 2011For Securities:DTEDTKDTBDTGDTW

Summary

DTE Energy Company (DTE) filed a Form 8-K on April 27, 2011, primarily to furnish its earnings release and slide presentation for the quarter ended March 31, 2011. The key takeaway for investors is that the company reaffirmed its full-year 2011 operating earnings per share (EPS) guidance of $3.40 to $3.70. While the filing itself does not detail the specific financial results for the first quarter, it directs investors to the attached exhibits (Earnings Release, Financial Information, and Slide Presentation) for a comprehensive overview. The company also noted that certain items impacting reported results might be excluded from operating earnings and that reconciliations for these items are not provided due to the difficulty in forecasting their impact.

Key Highlights

  • 1DTE Energy reaffirms its 2011 operating earnings per share (EPS) guidance range of $3.40 - $3.70.
  • 2The filing is primarily a notification and furnishing of the company's Q1 2011 earnings release and related financial materials.
  • 3The provided materials include an earnings release (Exhibit 99.1), financial information (Exhibit 99.2), and a slide presentation (Exhibit 99.3).
  • 4The company acknowledges that certain items may impact reported results but be excluded from operating earnings, with no reconciliations provided for these unpredictable items.
  • 5The report incorporates forward-looking statements and advises investors to read them in conjunction with the company's 2010 Form 10-K and other SEC filings for a complete understanding of risks and uncertainties.
  • 6The filing pertains to both DTE Energy Company and its subsidiary, The Detroit Edison Company.

Frequently Asked Questions

The main purpose of this Form 8-K filing is to publicly disseminate DTE Energy Company's earnings release and accompanying financial and slide presentation materials for the quarter ended March 31, 2011, in compliance with SEC regulations. It also serves to communicate the company's reaffirmed financial guidance for the full year 2011.

DTE Energy reaffirmed its operating earnings per share (EPS) guidance for the full year 2011 to be in the range of $3.40 to $3.70.

Detailed financial results for the first quarter of 2011 can be found in the exhibits furnished with this Form 8-K, specifically the Earnings Release (Exhibit 99.1), Financial Information (Exhibit 99.2), and the Slide Presentation (Exhibit 99.3).

Operating earnings are a non-GAAP measure that the company uses to present its performance. DTE Energy indicated that certain items impacting reported results might be excluded from operating earnings. Reconciliations for these excluded items are not provided because their future impact is difficult to forecast reliably and can fluctuate significantly.