DETROIT (AP) — DETROIT (AP) — DTE Energy Co. (DTE) on Thursday reported fourth-quarter profit of $292 million.
On a per-share basis, the Detroit-based company said it had profit of $1.41. Earnings, adjusted for non-recurring costs, were $1.51 per share.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.46 per share.
For the year, the company reported profit of $1.4 billion, or $6.77 per share.
DTE Energy expects full-year earnings in the range of $7.09 to $7.23 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DTE at https://www.zacks.com/ap/DTE
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