8-KRegulation FDExhibits & Filings

DTE ENERGY CO 8-K Report, Regulation FD Disclosure (Nov 7, 2011)

Filed November 7, 2011For Securities:DTEDTKDTBDTGDTW

Summary

DTE Energy Company (DTE) filed an 8-K on November 7, 2011, to disclose updated financial guidance and an early outlook for the upcoming year. The company announced it is narrowing its 2011 operating earnings per share (EPS) guidance to a range of $3.50 to $3.70. This update was provided during investor meetings at the EEI Financial Conference, where management also offered an initial forecast for 2012 operating EPS, projecting a range of $3.60 to $3.90. Investors should note that the company's guidance refers to "operating earnings," which may exclude certain items impacting reported results. DTE Energy did not provide reconciliations for these excluded items, citing the difficulty in forecasting their potential impact. The company also highlighted that this information is furnished under Regulation FD and is not considered 'filed' for the purposes of Section 18 of the Exchange Act, nor is it incorporated by reference into other SEC filings unless expressly stated.

Key Highlights

  • 1DTE Energy narrows 2011 operating EPS guidance to $3.50-$3.70.
  • 2Provides an early outlook for 2012 operating EPS guidance of $3.60-$3.90.
  • 3Guidance was presented to investors at the EEI Financial Conference in Orlando, Florida on November 7-8, 2011.
  • 4The company's management, including the CEO and CFO, participated in investor meetings.
  • 5Operating earnings may exclude certain items impacting reported results; reconciliations are not provided.
  • 6The information is furnished under Regulation FD and is not deemed 'filed' for Section 18 purposes.
  • 7A slide presentation with business updates is furnished as Exhibit 99.1 and available on the company's website.

Frequently Asked Questions

The main purpose of this 8-K filing is to provide updated financial guidance for DTE Energy Company's 2011 operating earnings per share (EPS) and to present an initial outlook for 2012 operating EPS to investors attending the EEI Financial Conference.

DTE Energy narrowed its 2011 operating EPS guidance to a range of $3.50 to $3.70. For 2012, the company provided an early operating EPS guidance range of $3.60 to $3.90.

'Operating earnings' refers to a non-GAAP measure that may exclude certain items that impact the company's reported GAAP earnings. DTE Energy has indicated that these excluded items can fluctuate significantly and may materially affect reported results, but it has not provided specific reconciliations for these exclusions in this filing.

A copy of the slide presentation from the investor meetings is furnished as Exhibit 99.1 to this 8-K filing and is also available on DTE Energy's website (www.dteenergy.com). The presentation was also available via live webcast and will be archived on the company's website.