8-KRegulation FDExhibits & Filings

DTE ENERGY CO 8-K Report, Regulation FD Disclosure (May 1, 2013)

Filed May 1, 2013For Securities:DTEDTKDTBDTGDTW

Summary

DTE Energy Company (DTE) announced an upward revision to its 2013 operating earnings per share (EPS) guidance and provided an initial outlook for 2014 during its Analyst Day event on May 1, 2013. The company now expects 2013 operating EPS to be in the range of $3.90 to $4.20, an increase from previous expectations. Additionally, DTE Energy offered a preliminary 2014 operating EPS guidance of $4.12 to $4.42. Investors should note that the provided guidance excludes certain items that may impact reported earnings, and reconciliations are not available due to the unpredictable nature of these items. The information was disseminated via a slide presentation furnished with the 8-K filing, which is also accessible through a webcast on DTE Energy's website. The company also reminded investors to consider the risks and uncertainties associated with forward-looking statements, referencing its previously filed SEC reports.

Key Highlights

  • 1DTE Energy raised its 2013 operating EPS guidance to $3.90-$4.20 per share.
  • 2The company provided an early operating EPS outlook for 2014, projecting $4.12-$4.42 per share.
  • 3The guidance provided is for operating earnings and excludes certain items that could impact reported results.
  • 4Reconciliations between operating and reported earnings guidance for 2013 and 2014 are not provided.
  • 5The information was presented at DTE Energy's Analyst Day on May 1, 2013.
  • 6A slide presentation containing the business update and guidance is furnished as Exhibit 99.1.
  • 7The company directs investors to review its previous SEC filings for a comprehensive understanding of forward-looking statements and associated risks.

Frequently Asked Questions

The main news is that DTE Energy has increased its forecast for 2013 operating earnings per share (EPS) to a range of $3.90 to $4.20. They also provided an initial earnings outlook for 2014, projecting operating EPS between $4.12 and $4.42.

No, the guidance provided is for 'operating earnings' and excludes certain items that are expected to impact the company's 'reported results'. DTE Energy states that it's not possible to provide a reliable forecast of these excluded items, which can fluctuate significantly and affect reported earnings.

Investors can find more details in the slide presentation furnished as Exhibit 99.1 with this 8-K filing. The presentation was also available via a live webcast on DTE Energy's website (www.dteenergy.com) and is archived there for future viewing.

DTE Energy emphasizes that this report contains forward-looking statements subject to various risks and uncertainties. Investors are advised to read these statements in conjunction with the 'Forward-Looking Statements' sections in DTE Energy's and DTE Electric Company's 2012 Form 10-K and 2013 Form 10-Q filings, as well as other SEC reports, which detail factors that could cause actual results to differ materially.