Summary
DTE Energy Co. (DTE) filed an 8-K on February 27, 2018, primarily to furnish a slide presentation to be used in investor meetings on February 28, 2018. The key takeaway for investors is the reaffirmation of DTE Energy's 2018 operating earnings per share (EPS) guidance, which remains in the range of $5.57 to $5.99 per share. The company also noted that certain items impacting reported results will be excluded from its operating earnings. While reconciliations for these excluded items to reported earnings guidance are not provided due to the unpredictable nature of these future non-recurring items, mark-to-market adjustments, and discontinued operations, investors should be aware that these can significantly affect reported earnings and may fluctuate period to period.
Key Highlights
- 1Reaffirmed 2018 operating earnings per share guidance of $5.57-$5.99.
- 2Filed an 8-K to furnish a slide presentation for upcoming investor meetings.
- 3The slide presentation is available on DTE Energy's website.
- 4The company will exclude certain items from operating results that may impact reported earnings.
- 5Reconciliations for excluded items to reported earnings are not provided due to forecasting uncertainty.
- 6Excluded items can significantly impact reported earnings and may fluctuate.
- 7The filing contains forward-looking statements subject to risks and uncertainties.