Summary
DTE Energy Co. filed an 8-K on September 6, 2016, to disclose information presented to investors during meetings on September 7-8, 2016. A key takeaway for investors is the reaffirmation of DTE Energy's 2016 operating earnings per share guidance, which remains in the range of $4.91 to $5.19. This guidance is provided on an "operating earnings" basis, which may exclude certain items impacting reported results. The company noted that reconciliations between operating earnings and reported earnings for 2016 are not provided due to the unpredictable nature of items that might be excluded. Investors should be aware that these excluded items can fluctuate significantly and have a material impact on reported earnings. The furnished slide presentation (Exhibit 99.1) contains further details on these business updates and forward-looking statements.
Key Highlights
- 1DTE Energy reaffirms its 2016 operating earnings guidance of $4.91 - $5.19 per share.
- 2The company is providing updated business information to investors through a slide presentation.
- 3The information is being shared in meetings with investors on September 7-8, 2016.
- 4The 2016 guidance is based on 'operating earnings', which may exclude certain items.
- 5Reconciliations between operating and reported earnings for 2016 are not provided due to uncertainty of excluded items.
- 6The furnished slide presentation (Exhibit 99.1) is available on the company's website.