Summary
DTE Energy Company (DTE) filed an 8-K on August 15, 2017, to disclose information for upcoming investor meetings scheduled for August 16, 2017. The primary purpose of this filing was to furnish a slide presentation (Exhibit 99.1) that reaffirms the company's 2017 operating earnings per share (EPS) guidance. This guidance is set within a range of $5.26 to $5.57 per share.
Key Highlights
- 1DTE Energy reaffirms its 2017 operating EPS guidance of $5.26-$5.57 per share.
- 2The company is providing a slide presentation to investors on August 16, 2017.
- 3The furnished slide presentation (Exhibit 99.1) is available on DTE Energy's website.
- 4The filing notes that certain items impacting reported 2017 results may be excluded from operating results.
- 5Reconciliations for the potential exclusion of certain items are not provided due to the inability to reliably forecast future non-recurring items, mark-to-market adjustments, and discontinued operations.
- 6These excluded items can significantly impact reported earnings and may fluctuate considerably.
- 7The information provided is subject to forward-looking statement disclaimers and should be read in conjunction with other SEC filings.
Frequently Asked Questions
The primary purpose of this 8-K filing is to disclose information in preparation for investor meetings scheduled for August 16, 2017. It includes a slide presentation that reaffirms DTE Energy's 2017 operating earnings per share guidance.
DTE Energy reaffirmed its 2017 operating earnings per share guidance to be in the range of $5.26 to $5.57 per share.
No, DTE Energy stated that reconciliations to comparable 2017 reported earnings guidance are not provided. This is because it's not possible to reliably forecast specific line items that might be excluded from operating results, such as future non-recurring items, certain mark-to-market adjustments, and discontinued operations, which can fluctuate significantly.
The slide presentation, furnished as Exhibit 99.1, will be available on DTE Energy's website at www.dteenergy.com on August 15, 2017, and was shared with investors on August 16, 2017.