Summary
DTE Energy Co. (DTE) filed an 8-K on March 3, 2015, to furnish investors with a slide presentation for their meetings at the UBS Natural Gas, Electric Power and MLP Conference. The primary purpose of this filing was to reaffirm the company's previously issued 2015 operating earnings per share (EPS) guidance. Investors should note that while DTE Energy reiterated its 2015 operating EPS guidance of $4.48-$4.72, the company did not provide reconciliations for items expected to be excluded from reported results to arrive at operating earnings. DTE indicated that these excluded items could fluctuate significantly and materially impact reported earnings, advising investors to consult the full 2014 Form 10-K for a comprehensive understanding of risks and uncertainties.
Key Highlights
- 1Reaffirmed 2015 operating earnings per share (EPS) guidance of $4.48 - $4.72.
- 2Presentation furnished to investors at the UBS Natural Gas, Electric Power and MLP Conference (March 3-4, 2015).
- 3Slide presentation will be available on DTE Energy's website.
- 4Disclosure that certain items impacting reported results will be excluded from operating results for 2015.
- 5No reconciliation provided for excluded items due to potential for significant fluctuation and impact on reported earnings.
- 6Filings contain forward-looking statements subject to risks and uncertainties, to be read in conjunction with DTE's 2014 Form 10-K.