Summary
DTE Energy Company (DTE) filed an 8-K on May 30, 2013, to disclose information that would be presented to investors during meetings on May 31, 2013. The primary purpose of this filing was to furnish a slide presentation (Exhibit 99.1) which reaffirms the company's previously issued guidance for both 2013 and 2014 operating earnings per share. This provides investors with updated forward-looking statements and an indication of the company's financial expectations for the near term. Specifically, DTE Energy reaffirmed its 2013 operating earnings per share guidance to be in the range of $3.90 to $4.20. Furthermore, the company also reaffirmed its early outlook for 2014 operating earnings per share, projecting a range of $4.12 to $4.42. It's important to note that these figures represent 'operating earnings' and may exclude certain items impacting reported earnings, with reconciliations not provided due to the unpredictable nature of these specific items.
Key Highlights
- 1DTE Energy reaffirms 2013 operating earnings per share guidance of $3.90-$4.20.
- 2DTE Energy reaffirms 2014 operating earnings per share guidance outlook of $4.12-$4.42.
- 3Guidance was presented to investors during meetings held on May 31, 2013.
- 4A slide presentation containing this information was furnished as Exhibit 99.1.
- 5The company notes that certain items impacting reported earnings will be excluded from operating results, with no reconciliation provided for future periods.
- 6The information furnished is subject to forward-looking statement disclaimers and cautionary notes, referencing previously filed SEC documents.