8-KRegulation FDExhibits & Filings

DTE ENERGY CO 8-K Report, Regulation FD Disclosure (Sep 26, 2017)

Filed September 26, 2017For Securities:DTEDTKDTBDTGDTW

Summary

DTE Energy Company (DTE) filed an 8-K on September 26, 2017, to disclose information presented to investors during meetings on September 27, 2017. The primary focus of this filing is the reaffirmation of DTE Energy's 2017 operating earnings per share (EPS) guidance, which remains at $5.26 to $5.57 per share. The company also clarified its guidance, stating that certain items impacting reported results will likely be excluded from its "operating earnings" for 2017. While reconciliations for these exclusions were not provided due to the unpredictable nature of items like non-recurring events, mark-to-market adjustments, and discontinued operations, investors should be aware that these excluded items can significantly affect reported earnings.

Key Highlights

  • 1DTE Energy reaffirmed its 2017 operating earnings per share (EPS) guidance of $5.26 to $5.57.
  • 2A slide presentation containing information discussed with investors on September 27, 2017, was furnished as Exhibit 99.1.
  • 3The company indicated that certain items impacting 2017 reported results will be excluded from operating earnings.
  • 4Reconciliations for the exclusion of specific line items from reported earnings are not provided due to forecasting difficulties.
  • 5Excluded items can fluctuate significantly and materially impact reported earnings.
  • 6The information furnished in this 8-K is not considered "filed" for Section 18 purposes and is not incorporated by reference into other SEC filings unless expressly stated.

Frequently Asked Questions

DTE Energy reaffirmed its previous guidance for 2017 operating earnings per share (EPS) to be in the range of $5.26 to $5.57.

DTE Energy indicated that certain items that affect the company's reported financial results for 2017 will be excluded when calculating 'operating earnings'. These excluded items can include non-recurring events, mark-to-market adjustments, and discontinued operations, which can significantly impact reported earnings.

The slide presentation shared with investors on September 27, 2017, is available as Exhibit 99.1 to this Form 8-K filing and was also made available on DTE Energy's website (www.dteenergy.com) on September 26, 2017.

DTE Energy stated that reconciliations to comparable reported earnings guidance are not provided because it is not possible to reliably forecast specific line items for future non-recurring items, certain mark-to-market adjustments, and discontinued operations due to their potential for significant fluctuation.