DTE Energy Co (DTE) announced earnings for first quarter that decreased from the same period last year and missed the Street estimates.
The company's earnings came in at $313 million, or $1.51 per share. This compares with $445 million, or $2.16 per share, in last year's first quarter.
Analysts on average had expected the company to earn $1.73 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
DTE Energy Co earnings at a glance (GAAP) :
-Earnings (Q1): $313 Mln. vs. $445 Mln. last year.
-EPS (Q1): $1.51 vs. $2.16 last year.
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