DETROIT (AP) — DETROIT (AP) — DTE Energy Co. (DTE) on Thursday reported third-quarter profit of $419 million.
On a per-share basis, the Detroit-based company said it had net income of $2.01. Earnings, adjusted for non-recurring costs, came to $2.25 per share.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $2.10 per share.
DTE Energy expects full-year earnings in the range of $7.09 to $7.23 per share.
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