Summary
DTE Energy Co. (DTE) filed an 8-K on November 10, 2014, to disclose information that will be presented to investors at the EEI Financial Conference. The primary focus for investors is the reaffirmation of DTE Energy's 2014 operating earnings per share (EPS) guidance and the provision of an initial outlook for 2015 operating EPS. Specifically, the company is maintaining its 2014 operating EPS guidance in the range of $4.28 to $4.42 per share. Looking ahead to 2015, DTE Energy is providing an early operating EPS guidance range of $4.43 to $4.67 per share. Investors should note that these figures represent operating earnings and may exclude certain items impacting reported results, with reconciliations not provided due to the unpredictable nature of these items.
Key Highlights
- 1DTE Energy is reaffirming its 2014 operating EPS guidance of $4.28 - $4.42 per share.
- 2The company has provided an early outlook for 2015 operating EPS guidance, set between $4.43 - $4.67 per share.
- 3This information was disclosed in an 8-K filing dated November 10, 2014, in advance of investor meetings at the EEI Financial Conference (November 11-13, 2014).
- 4A slide presentation from the investor meetings is furnished as Exhibit 99.1 to the filing.
- 5The business update presentation will be available via live webcast and archived on DTE Energy's website.
- 6The guidance provided is for 'operating earnings,' which may exclude certain items affecting reported GAAP earnings.
- 7Reconciliations for potential excluded items impacting 2014 and 2015 reported earnings are not provided due to forecasting uncertainty.