Summary
DTE Energy Co. (DTE) filed an 8-K on September 11, 2013, to disclose information presented to investors during investor meetings on September 12-13, 2013, at the Barclays CEO Energy Conference. The primary purpose of this filing is to furnish a slide presentation (Exhibit 99.1) which will also be available on the company's website. This presentation contains financial guidance and forward-looking statements. Key for investors, DTE Energy reaffirmed its previously issued 2013 operating earnings per share (EPS) guidance range of $3.90 to $4.20. Furthermore, the company provided an early outlook for its 2014 operating EPS guidance, projecting a range of $4.12 to $4.42. It's important for investors to note that these guidance figures represent "operating earnings" and may exclude certain items impacting reported results, with reconciliations not provided due to the inability to reliably forecast these fluctuating items.
Key Highlights
- 1DTE Energy reaffirms its 2013 operating EPS guidance of $3.90 - $4.20 per share.
- 2Company provides an early outlook for 2014 operating EPS guidance of $4.12 - $4.42 per share.
- 3Guidance was shared during investor meetings at the Barclays CEO Energy Conference (September 12-13, 2013).
- 4A slide presentation containing this information is furnished as Exhibit 99.1 and will be available on the company's website.
- 5The disclosed earnings guidance refers to 'operating earnings' and may exclude certain items.
- 6Reconciliations between operating earnings and reported earnings guidance are not provided due to forecasting uncertainties of excluded items.