DTE

A month has gone by since the last earnings report for DTE Energy (DTE). Shares have lost about 4.1% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is DTE Energy due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. DTE Energy's Q2 Earnings Beat Estimates, Decrease Year Over Year DTE Energy Company delivered second-quarter 2026 earnings per share of $1.32, beating the Zacks Consensus Estimate of $1.14 by 15.8%. The bottom line, however, decreased 2.9% from the year-ago reported figure of $1.36. Beyond the quarter’s earnings surprise, DTE leaned into execution against its reliability and modernization agenda. During the first half of 2026, the company invested $900 million in electric distribution infrastructure to strengthen grid resiliency. While the company’s operating earnings were $274 million in the quarter, down from $283 million a year ago, the path to that outcome was shaped by sizable swings across segments. DTE Electric was a key offset, with an operating loss of $270 million compared with $318 million in second-quarter 2025. By contrast, the DTE Gas segment reported an operating loss of $4 million in second-quarter 2026, down from an operating profit of $6 million in the year-ago quarter. Non-Utility Operations delivered operating earnings of $86 million in second-quarter 2026, up from $55 million in the year-ago quarter. DTE continued to invest in improving the reliability of its electric grid while keeping customer bills affordable. During the first half of 2026, the company invested more than $900 million to modernize its electric infrastructure, trim trees and expand smart grid technology. These investments helped prevent more than 49,000 power outages during the first six months of 2026 and more than 90,000 outages since the program began in 2023. The company also said that if its first data center project starts operating as planned by the end of 2027 and receives the required regulatory approvals, it does not expect to file another electric rate case until at least 2028, allowing customers to avoid a rate increase for two years after the current case is completed. DTE continued to expand its clean energy portfolio during the quarter. The company announced a $1.6 billion battery storage investment with LG Energy Solution Vertech to develop eight battery storage projects in Michigan, adding 1.5 GW of storage capacity and improving grid reliability. DTE also expanded its renewable energy partnership with the University of Michigan through its MIGreenPower program, supporting the development of a new solar park that will help the university meet its clean energy goals beginning in 2027. DTE reaffirmed 2026 operating earnings per share guidance of $7.59-$7.73. The Zacks Consensus Estimate for earnings is pegged at $7.71 per share, which is near the higher end of the company’s guided range. It turns out, estimates review flatlined during the past month. At this time, DTE Energy has a subpar Growth Score of D, however its Momentum Score is doing a bit better with a C. Following the exact same course, the stock was allocated a grade of C on the value side, putting it in the middle 20% for value investors. Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in. DTE Energy has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report DTE Energy Company (DTE) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Wix.com Ltd. WIX reported second-quarter 2026 non-GAAP earnings of $1.39 per share, down 39% year over year but above the Zacks Consensus Estimate of $1.13. Revenues rose 15% year over year to $563.1 million and beat the consensus mark of $554 million. Growth reflected strong Base44 performance and continued core Wix expansion. Total ARR climbed 15% to $1.96 billion, while bookings increased 12% to $569.1 million. Wix.com Ltd. price-consensus-eps-surprise-chart | Wix.com Ltd. Quote Creative Subscriptions revenues increased 15% year over year to $398.4 million. Bookings from the segment advanced 11% to $405.8 million. Continued Base44 strength supported both measures, while Wix Harmony began making an early contribution as the product continued to ramp. Self Creators' revenues rose 14% to $349.3 million, improving from 12% growth in the prior quarter. Partners' revenues increased 17% to $213.8 million and represented 38% of total revenues. Wix ended the quarter with nearly 317 million registered users. Business Solutions revenues grew 14% year over year to $164.7 million, while segment bookings rose 13% to $163.3 million. Adoption of Google Workspace and the Paid Ads offering boosted the performance. Transaction revenues advanced 12% to $71.5 million and accounted for 43% of Business Solutions revenues. Gross payment volume increased 3% to $3.6 billion, while the take rate improved to 1.96%. The wind-down of a commerce subsidiary slowed payment volume growth, and management expects that headwind to persist for four more quarters. The non-GAAP gross margin was 67%, down from 70% a year ago. Creative Subscriptions margin fell to 80% from 85%, reflecting a greater Base44 contribution, while Business Solutions margin remained stable at 33%. Non-GAAP research and development expenses rose 6% to $104.7 million, or 19% of revenues, as Wix expanded the Base44 team. Selling and marketing expenses jumped 67% to $173.1 million, or 31% of revenues, on heavier Base44 advertising and higher inference costs for free users. Non-GAAP operating income was $64.8 million, translating into a 12% margin. Base44 launched Base 1, its proprietary large language model built for software creation. Management expects greater control over inference technology to shorten product iteration cycles, reduce reliance on external vendors and improve long-term cost efficiency. Base44's non-GAAP gross margin is expected to reach roughly 60% in the second half of 2026 compared with near zero at the start of the year. Total AI costs are projected at 30-40% of Base44 bookings. The resulting savings are expected to lift consolidated non-GAAP gross margin by about two percentage points in the second half versus the first half. Base44 also introduced expanded AI Workflows and enterprise governance features, including single sign-on improvements, permissions, connector management and customer-managed databases. Wix Headless added connections to Claude Code, Codex and Base44, extending Wix's business infrastructure to AI-generated front ends. Operating cash flow totaled $55.6 million, while capital expenditures were $2.9 million. Free cash flow came in at $52.6 million. Excluding restructuring costs, free cash flow was $61.2 million, or 11% of revenues. Wix ended June with $960.9 million in cash and equivalents and $1.63 billion in short- and long-term debt. WIX maintained its 2026 outlook for low- to mid-teens revenue growth, low-teens bookings growth and a high-teens free cash flow margin excluding acquisition and restructuring costs. Third-quarter revenues are expected to grow at a low-double-digit rate. Management also expects the consolidated non-GAAP operating margin to improve in the second half as lower AI and core Wix marketing costs offset additional Base44 investment. Currently, Wix carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Exelon Corporation EXC reported second-quarter 2026 adjusted operating earnings of 43 cents per share, in line with the Zacks Consensus Estimate. Earnings increased 10.3% from 39 cents in the year-ago quarter. Higher distribution and transmission rates across several utilities supported the improvement. Revenues totaled $5.97 billion, beating the Zacks Consensus Estimate of $5.66 billion by 5.46%.  The top line increased 10% from the year-ago figure of $5.43 billion. Edison International EIX reported second-quarter 2026 core earnings of $1.54 per share, beating the Zacks Consensus Estimate of $1.02 by 51%. The bottom line surged 58.8% from 97 cents in the year-ago quarter, primarily reflecting Southern California Edison’s adoption of the 2025 General Rate Case final decision. Edison International's second-quarter operating revenues totaled $4.36 billion, which missed the Zacks Consensus Estimate of $4.72 billion by 7.7%. The top line also decreased 4.1% from the year-ago quarter’s figure of $4.54 billion. DTE Energy Company DTE delivered second-quarter 2026 earnings per share of $1.32, beating the Zacks Consensus Estimate of $1.14 by 15.8%. The bottom line, however, decreased 2.9% from the year-ago reported figure of $1.36. While the company’s operating earnings were $274 million in the quarter, down from $283 million a year ago, the path to that outcome was shaped by sizable swings across segments. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Wix.com Ltd. (WIX) : Free Stock Analysis Report Exelon Corporation (EXC) : Free Stock Analysis Report Edison International (EIX) : Free Stock Analysis Report DTE Energy Company (DTE) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

TELUS Corporation TU reported second-quarter 2026 adjusted earnings per share of C$0.16, down 27% from C$0.22 a year ago. Adjusted net income fell 26% to C$254 million, while operating revenues and other income declined 3% to C$4,929 million, pressured by weaker TELUS Digital results, lower mobile equipment revenues and reduced other income. Mobile phone ARPU slipped 0.4% to C$56.36, while churn edged up to 1.08% from 1.06%. TELUS added 17,000 mobile phone customers, 20,000 Internet customers and 187,000 connected devices. TELUS has lost 33.6% in the past year compared with the  Zacks Diversified Communication Services industry’s decline of 3.2%. Image Source: Zacks Investment Research Service revenues decreased 1% year over year to C$4,442 million. Equipment revenues fell 11% to C$478 million, reflecting lower contracted mobile volumes and weaker fixed premises equipment sales. Other income plunged 82% to C$9 million because prior-year lease and sublease revenues did not recur. Consolidated adjusted EBITDA declined 2% to C$1,777 million. However, adjusted EBITDA margin improved 30 basis points (bps) to 36.0%, as cost-reduction efforts partly countered revenue pressure. Goods and services purchased rose 1% to C$1,869 million, while employee benefits expense fell 5% to C$1,472 million. Restructuring and other costs increased 42% to C$189 million. TTech operating revenues and other income decreased 2% to C$3,746 million. Mobile network revenue rose 1% to C$1,743 million, supported by subscriber growth. Mobile equipment and other service revenues fell 13% to C$433 million, while fixed data revenue was flat at C$1,175 million and fixed voice revenue declined 8% to C$157 million. TELUS Corporation price-consensus-eps-surprise-chart | TELUS Corporation Quote TTech adjusted EBITDA was nearly unchanged at C$1,639 million. The adjusted margin expanded 110 bps to 43.8%, helped by workforce reductions, privatization synergies, lower bad-debt expense and growth in security, automation and TV. These gains offset pricing pressure, weaker equipment margins, lower business data revenue and higher cloud-related costs. TELUS Health operating revenues and other income increased 3% to C$536 million. Health service revenues rose 4% to C$533 million, driven by acquisitions, including Workplace Options, and growth in payor and provider solutions. Continued prior-year churn and pricing pressure in employer solutions limited the increase.Adjusted EBITDA advanced 1% to C$99 million, supported by revenue growth and acquisition integration synergies. The adjusted margin declined 50 bps to 18.4% because of acquisition-related costs, digital and security investments and regional marketing spending. Healthcare lives covered increased by 1.8 million to 158.9 million. TELUS Digital operating revenues and other income declined 6% to C$774 million. External revenues fell 10% to C$654 million, reflecting client ramp-downs in trust and safety and AI and data solutions, an unfavorable currency impact and a prior-year contractual receipt. Higher customer experience management volumes provided a partial offset. Adjusted EBITDA fell 20% to C$72 million, and adjusted margin contracted 160 bps to 9.2%. TELUS recorded a C$2,135 million noncash impairment of intangible assets and goodwill tied to the segment, contributing to a reported net loss of C$1,830 million and a basic loss of C$1.17 per share. Cash provided by operating activities increased 15% to C$1,342 million, aided by working-capital changes, lower income taxes paid and reduced restructuring disbursements. Free cash flow rose 2% to C$545 million despite higher interest payments and lower EBITDA. Capital expenditures were unchanged at C$678 million. The board reset the quarterly dividend by 55% to C$0.1875 per share, or C$0.75 annualized. TELUS expects about C$2.7 billion of cumulative cash savings through 2028 for debt reduction. Net debt to adjusted EBITDA was 3.5 times, with a target of approximately 3.0 times or lower by year-end 2028. TELUS now expects full-year consolidated service revenue growth to range from flat to a 2% decline versus its prior 2-4% growth forecast. Adjusted EBITDA is projected to fall 2-4%, reversing the earlier expectation for 2-4% growth, as fixed data, TELUS Digital and TELUS Health trends remain softer than planned. The company raised its 2026 capital expenditure forecast to approximately C$2.6 billion from C$2.3 billion. Free cash flow guidance was reduced to about C$1.8 billion from C$2.45 billion, reflecting lower adjusted EBITDA, higher capital spending and C$100 million of incremental cash restructuring charges. TELUS currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Exelon Corporation EXC reported second-quarter 2026 adjusted operating earnings of 43 cents per share, in line with the Zacks Consensus Estimate. Earnings increased 10.3% from 39 cents in the year-ago quarter. Higher distribution and transmission rates across several utilities supported the improvement. Revenues totaled $5.97 billion, beating the Zacks Consensus Estimate of $5.66 billion by 5.46%.  The top line increased 10% from the year-ago figure of $5.43 billion. Edison International EIX reported second-quarter 2026 core earnings of $1.54 per share, beating the Zacks Consensus Estimate of $1.02 by 51%. The bottom line surged 58.8% from 97 cents in the year-ago quarter, primarily reflecting Southern California Edison’s adoption of the 2025 General Rate Case final decision. Edison International's second-quarter operating revenues totaled $4.36 billion, which missed the Zacks Consensus Estimate of $4.72 billion by 7.7%. The top line also decreased 4.1% from the year-ago quarter’s figure of $4.54 billion. DTE Energy Company DTE delivered second-quarter 2026 earnings per share of $1.32, beating the Zacks Consensus Estimate of $1.14 by 15.8%. The bottom line, however, decreased 2.9% from the year-ago reported figure of $1.36. While the company’s operating earnings were $274 million in the quarter, down from $283 million a year ago, the path to that outcome was shaped by sizable swings across segments. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC) : Free Stock Analysis Report TELUS Corporation (TU) : Free Stock Analysis Report Edison International (EIX) : Free Stock Analysis Report DTE Energy Company (DTE) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

DTE Energy Company DTE delivered second-quarter 2026 earnings per share of $1.32, beating the Zacks Consensus Estimate of $1.14 by 15.8%. The bottom line, however, decreased 2.9% from the year-ago reported figure of $1.36. Beyond the quarter’s earnings surprise, DTE leaned into execution against its reliability and modernization agenda. During the first half of 2026, the company invested $900 million in electric distribution infrastructure to strengthen grid resiliency. While the company’s operating earnings were $274 million in the quarter, down from $283 million a year ago, the path to that outcome was shaped by sizable swings across segments.DTE Electric was a key offset, with an operating loss of $270 million compared with $318 million in second-quarter 2025.By contrast, the DTE Gas segment reported an operating loss of $4 million in second-quarter 2026, down from an operating profit of $6 million in the year-ago quarter.Non-Utility Operations delivered operating earnings of $86 million in second-quarter 2026, up from $55 million in the year-ago quarter. DTE Energy Company price-consensus-eps-surprise-chart | DTE Energy Company Quote DTE continued to invest in improving the reliability of its electric grid while keeping customer bills affordable. During the first half of 2026, the company invested more than $900 million to modernize its electric infrastructure, trim trees and expand smart grid technology. These investments helped prevent more than 49,000 power outages during the first six months of 2026 and more than 90,000 outages since the program began in 2023.The company also said that if its first data center project starts operating as planned by the end of 2027 and receives the required regulatory approvals, it does not expect to file another electric rate case until at least 2028, allowing customers to avoid a rate increase for two years after the current case is completed. DTE continued to expand its clean energy portfolio during the quarter. The company announced a $1.6 billion battery storage investment with LG Energy Solution Vertech to develop eight battery storage projects in Michigan, adding 1.5 GW of storage capacity and improving grid reliability. DTE also expanded its renewable energy partnership with the University of Michigan through its MIGreenPower program, supporting the development of a new solar park that will help the university meet its clean energy goals beginning in 2027. DTE reaffirmed 2026 operating earnings per share guidance of $7.59-$7.73. The Zacks Consensus Estimate for earnings is pegged at $7.71 per share, which is near the higher end of the company’s guided range. DTE Energy currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Xcel Energy Inc. XEL is slated to report its second-quarter 2026 results on July 30, before market open.The Zacks Consensus Estimate for second-quarter sales is pegged at $3.60 billion, which implies an 9.4% improvement from the year-ago quarter’s figure. The consensus estimate for earnings is pegged at 79 cents per share.Duke Energy DUK is scheduled to report its second-quarter 2026 results on Aug. 4, before market open.The Zacks Consensus Estimate for sales is pegged at $7.71 billion, which indicates a 2.6% improvement from the year-ago quarter’s figure. The consensus estimate for earnings is pegged at $1.29 per share.Consolidated Edison ED is scheduled to report its second-quarter 2026 results on Aug. 6, after market close.The Zacks Consensus Estimate for sales is pegged at $3.74 billion, which indicates a 4.2% improvement from the year-ago quarter’s figure. The consensus estimate for earnings is pinned at 74 cents per share. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report DTE Energy Company (DTE) : Free Stock Analysis Report Xcel Energy Inc. (XEL) : Free Stock Analysis Report Duke Energy Corporation (DUK) : Free Stock Analysis Report Consolidated Edison Inc (ED) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Interested in DTE Energy Company? Here are five stocks we like better. DTE Energy reported $274 million in Q2 2026 operating income, or $1.32 per share, and remains on track to reach the high end of its full-year operating EPS guidance. Its five-year plan continues to target 6%–8% annual operating EPS growth through 2030. The company plans approximately $11 billion in reliability investments over the next five years after a severe July storm affected nearly 400,000 customers. Planned upgrades include automation, grid hardening, modernization and expanded tree trimming. DTE has 2.4 gigawatts of executed data-center agreements, including Oracle’s 1.4-gigawatt project under construction and Google’s 1-gigawatt project awaiting regulatory approval. The company is also pursuing another 5–6 gigawatts of potential demand, which could support customer benefits and long-term growth. DTE’s Stargate Deal Turns Power Into Profits DTE Energy (NYSE:DTE) said it earned operating income of $274 million, or $1.32 per share, in the second quarter of 2026 and said results keep it on track to reach the high end of its full-year operating EPS guidance range. President and CEO Joi Harris said the company continued to advance reliability investments, regulatory filings and large-load data-center development while maintaining a focus on customer affordability. CFO David Ruud said the company’s five-year plan continues to support 6% to 8% operating EPS growth through 2030. → Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit AI Boom and Rate Cuts Boost Utility Stocks: Best Growth Picks DTE Electric reported second-quarter earnings of $270 million, down $48 million from the prior-year period. Ruud attributed the decline primarily to tax timing, higher rate-base costs and colder weather, partly offset by rate implementation. He noted that DTE Electric recorded a $62 million positive tax-timing variance in the second quarter of 2025 related to the timing of a renewable project entering service. Beginning in 2026, investment tax credits on renewable projects at DTE Electric will be recognized evenly during the year, which Ruud said should reduce quarterly volatility. → This Tiny AI Supplier Could Be More Important Than the Chipmakers The Top 4 Utilities for Value, Yield, and Upside Potential DTE Gas earnings were $10 million below the second quarter of 2025, reflecting higher rate-base and operations and maintenance costs and warmer weather, partially offset by infrastructure-recovery-mechanism revenue. DTE Vantage earned $45 million, up $14 million year over year, driven by higher earnings in its Customer Energy Solutions and renewable natural gas platforms. Energy Trading earned $41 million, up $17 million from a year earlier, primarily because of timing in the power portfolio, including a partial reversal of first-quarter timing effects. Ruud said DTE remains “highly confident” in reaching the high end of Energy Trading’s full-year guidance range. → 2 Stocks Built to Thrive If Inflation Refuses to Fade The company plans annual equity issuances of $500 million to $600 million from 2026 through 2028, with similar levels expected through 2030, to support its capital investment program. DTE priced about $350 million of equity through forward-sale agreements in the first quarter and another $150 million in the second quarter, completing its equity needs for 2026. The shares are expected to be issued when the forward sales settle in the fourth quarter. Harris said a severe, fast-moving storm at the start of July affected nearly 400,000 customers and caused more than 600 broken poles, along with extensive tree-related damage outside utility-maintained rights of way. She said weather models did not anticipate the severity of the event, and restoration times extended beyond DTE’s typical targets because of the widespread damage across the Midwest. The company brought in crews from as far as Oklahoma and Texas to assist restoration efforts. Harris said areas that had received substantial reliability investments performed better during the storm, supporting DTE’s case for continued grid upgrades. DTE plans to invest about $11 billion over the next five years in reliability improvements. Its strategy includes expanded automation, system hardening, modernization and tree trimming. The company installed more than 700 automated devices in 2025, about 20% above plan, and expects to deploy more than 500 additional devices in 2026. DTE completed more than 200 miles of targeted hardening work and nearly 1,000 miles of pole-top maintenance in 2025. The company plans roughly 1,700 miles of maintenance work in 2026. In 2025, DTE converted more than 70 miles of 4.8-kilovolt circuits to higher voltage and rebuilt more than 20 miles of sub-transmission infrastructure. Harris said outage duration improved 90% from 2023 through 2025, when DTE achieved its best all-weather SAIDI performance in nearly two decades. Across the five major storms preceding July’s event, the company restored an average of 97% of customers within 24 hours and nearly all customers within 48 hours, she said. DTE said it has 2.4 gigawatts of executed data-center agreements. The approved 1.4-gigawatt Oracle data-center project is under construction, while a 1-gigawatt agreement with Google remains before the Michigan Public Service Commission, or MPSC. The Google project is expected to provide upside to DTE’s current long-term plan if approved. Harris said the company sees another 5 gigawatts to 6 gigawatts of pipeline opportunities, including roughly 2 gigawatts in advanced discussions. DTE is targeting an additional agreement by the end of 2026. She described the advanced pipeline as involving several hyperscale and colocation customers, with commercial discussions, load-ramp modeling, zoning and site-plan processes continuing. According to Harris, the principal hurdle for many prospective projects is obtaining zoning. For colocation developers, she said a site that is zoned and ready for power can help attract a customer seeking speed to power. The company expects the Oracle project, once fully ramped, to provide about $300 million in annual benefits for existing customers. DTE estimates the Google project could generate roughly $1.7 billion in customer benefits over the life of its contract. Harris said large, steady loads can absorb a significant portion of fixed system costs. Ruud said DTE’s large-load agreements include customer protections intended to prevent stranded-asset risk. He cited provisions including load ramps and minimum monthly charges equal to 80% of minimum billing demand for 10 years or longer in some cases. Discussing Oracle, Ruud said a recent S&P credit downgrade did not change DTE’s expectation for the project’s construction or timing, and said the contract includes additional collateral requirements at specified downgrade triggers. DTE’s electric rate case seeks investments in reliability and grid modernization, including nearly $800 million of capital in its infrastructure recovery mechanism through 2030. The company has proposed a mechanism to return excess margin to customers if Oracle’s load ramps faster than assumed in the rate case. Harris said that if the proposed mechanism is approved, DTE would not expect to file another electric rate case until at least 2028. She added that an increase in the infrastructure recovery mechanism to near $1 billion could extend that period by about six months, while additional load above Oracle could further delay a subsequent filing. The company expects to file its integrated resource plan in the third quarter. Harris said the base case will include the Oracle and Google agreements, while a higher-demand case will account for DTE’s full data-center pipeline. The filing will also include renewable portfolio standard updates. Ruud said incremental electric rate relief implemented in March, an expected gas order in September, utility timing reversals and continued nonutility performance support DTE’s confidence in reaching the high end of 2026 guidance. DTE Energy is an integrated energy company headquartered in Detroit, Michigan, that combines regulated utility operations with non-utility energy businesses. Its regulated subsidiaries operate electric and natural gas utility services that deliver generation, transmission and distribution to residential, commercial and industrial customers. The company's utility segment focuses on maintaining and upgrading energy delivery infrastructure, ensuring reliable service and meeting regulatory requirements in its service territory. Beyond its regulated utilities, DTE Energy operates non-utility businesses that develop, own and operate power generation and energy-related projects. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "DTE Energy Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for July 2026.

This article first appeared on GuruFocus. Operating Earnings: $274 million for the second quarter, translating to $1.32 per share. DTE Electric Earnings: $270 million for the quarter, $48 million lower than the second quarter of 2025. DTE Gas Operating Earnings: $10 million lower than the second quarter of 2025. DTE Vantage Operating Earnings: $45 million for the second quarter, a $14 million increase from 2025. Energy Trading Earnings: $41 million in the second quarter, $17 million higher than the second quarter of 2025. Corporate and Other: Favorable $80 million relative to the second quarter of 2025. Equity Issuance Plan: Targeting annual equity issuances of $500 million to $600 million in 2026 through 2028. Operating EPS Growth Target: 6% to 8% through 2030. Balance Sheet Metrics: Targeting an FFO to debt ratio of approximately 15%. Warning! GuruFocus has detected 13 Warning Signs with DTE. Is DTE fairly valued? Test your thesis with our free DCF calculator. Release Date: July 28, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. DTE Energy Co (NYSE:DTE) achieved strong employee engagement, ranking in the 94th percentile globally, and received the Gallup Great Workplace Award for the 14th consecutive year. The company is advancing its customer-focused capital plan with targeted investments to strengthen the grid and improve reliability. DTE Energy Co (NYSE:DTE) is on track to reach the high end of its operating EPS guidance for 2026, with a long-term growth target of 6% to 8% through 2030. The company has secured significant data center agreements with Oracle and Google, which are expected to provide substantial affordability benefits for existing customers. DTE Energy Co (NYSE:DTE) is committed to customer affordability, with residential bills 17% below the national average and ongoing support for vulnerable customers through energy assistance programs. A severe storm in July impacted nearly 400,000 customers, causing significant damage and extending restoration times beyond typical targets. DTE Energy Co (NYSE:DTE) experienced a $48 million decrease in DTE Electric earnings compared to the second quarter of 2025, driven by timing of taxes, higher rate base costs, and colder weather. The company faces challenges in advancing data center projects due to zoning and permitting issues, which can delay progress. DTE Energy Co (NYSE:DTE) plans to issue $500 million to $600 million in equity annually through 2028 to support its capital investment plan, which may dilute existing shareholders. The company is managing potential credit risks associated with its data center agreements, particularly with Oracle's recent credit downgrade by S&P. Q: Joi, regarding the additional agreement by the end of 2026, is it with two customers and hyperscalers? What remains to be accomplished? A: Yes, we have a healthy pipeline with 2 gigawatts involving several customers, including hyperscalers and co-locators. We are in commercial discussions, completing load ramp modeling, and working on site plan approvals and zoning. We are confident in securing another agreement by year-end. - Joi Harris, President and CEO Q: How should we think about the timing of a guidance update, especially with the potential to exceed 8% growth? A: We will not update guidance until the regulatory process is complete. We plan to update either in Q3 or at EEI, and if another contract is secured by year-end, we will refresh our plan during the fourth quarter call. We will maintain the "plus" guidance without changing our position. - Joi Harris, President and CEO Q: Regarding the regulatory efforts, how are you thinking about the electric rate case and the potential benefits from data centers? A: The stay-out mechanism in the electric rate case is viewed positively. Data center load puts downward pressure on rates, and we anticipate staff and intervenors will examine uncertainties related to Oracle and the mechanism to flow benefits back to customers. Testimony is due in early August. - Joi Harris, President and CEO Q: Can you provide an update on the Vantage data center opportunity and any timeline considerations? A: The development agreement with a large data center developer is progressing. It's a behind-the-meter design with hundreds of megawatts. The counterparty is resolving permitting challenges, and we are in discussions for other locations. Equipment is on order, and we are confident in executing the project once issues are resolved. - Joi Harris, President and CEO Q: How are you managing counterparty risks, especially after Oracle's credit downgrade? A: Our contracts have protections with additional collateral requirements at various downgrade triggers, providing protection for our customers and us. We remain confident in these protections regardless of how the situation plays out. - David Ruud, CFO For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Continued investments to improve reliability and accelerate cleaner energy; invested over $900 million in first half of 2026 to continue improving electric reliability while supporting customer affordability Advanced clean energy and Michigan's economy through a $1.6 billion battery storage investment Expanded renewable energy partnership with the University of Michigan Earned Edison Electric Institute's 2026 Supplier Engagement Excellence Award DETROIT, July 28, 2026 /PRNewswire/ -- DTE Energy (NYSE: DTE) invested more than $2.6 billion in its utilities during the first half of 2026 to strengthen its electric and natural gas infrastructure, improve reliability during extreme weather and deliver cleaner energy for the communities it serves. The company is committed to make significant investments this year to build a stronger, more resilient energy system, while keeping its service safe and affordable for customers. The company also reported second quarter earnings of $282 million or $1.35 per diluted share, compared with $229 million, or $1.10 per diluted share in 2025. Operating earnings for the second quarter of 2026 were $274 million, or $1.32 per diluted share, compared with 2025 operating earnings of $283 million, or $1.36 per diluted share. Operating earnings exclude non-recurring items, certain mark-to-market adjustments and discontinued operations. Reconciliations of reported earnings to operating earnings are included at the end of this news release. "As energy demand increases, we are meeting the moment by making responsible investments that strengthen our infrastructure and deliver real value and affordability for our customers," said Joi Harris, DTE Energy's president and CEO. "At the same time, we are building a cleaner energy future, expanding opportunities for local businesses and supporting economic growth across Michigan." Harris noted the following accomplishments: Invested over $900 million to continue improving electric reliability while supporting customer affordability: DTE continues to invest significantly to build the electric grid of the future by modernizing and rebuilding infrastructure, trimming trees and deploying smart grid technology that helps detect issues, isolate damage and restore power faster. Customers are seeing the benefits: Smart grid technology prevented more than 49,000 outages in the first half of 2026 and more than 90,000 since the program began in 2023. As long as the first data center project DTE is supporting comes online as planned by the end of 2027 and the company receives other regulatory approvals, DTE plans to refrain from filing another electric rate request until at least 2028 - providing customers two years without an increase in rates after the current request is complete. Advanced clean energy and Michigan's economy through a $1.6 billion battery storage investment: DTE partnered with LG Energy Solution Vertech to develop Michigan-made battery energy storage systems for eight projects across the state, supporting 1.5 gigawatts of storage capacity, improving grid reliability and generating an estimated $2.3 billion in total economic benefit for Michiganders. Expanded renewable energy partnership with the University of Michigan: DTE and U-M announced a new renewable energy agreement, through DTE's MIGreenPower program, that puts the university on track to eliminate emissions tied to its electricity use in 2027. The agreement supports development of DTE's new solar park in Lenawee County devoted to the energy needs of U-M's academic buildings, residence halls, hospitals and research facilities, while advancing DTE's commitment to helping customers meet their clean energy goals with Michigan-made renewable energy. Earned Edison Electric Institute's 2026 Supplier Engagement Excellence Award: DTE was recognized by the Edison Electric Institute for its commitment to building strong partnerships with suppliers, creating opportunity for local businesses and strengthening Michigan's economy. The award reflects the company's comprehensive approach to supplier engagement, including supplier development and mentorship, sustainability and economic impact. Outlook for 2026 DTE Energy confirms 2026 operating EPS guidance of $7.59 to $7.73. "Our financial performance reflects the strength of our plan and the dedication of our teams," said David Ruud, DTE vice chairman and CFO. "We remain on track with our 2026 operating EPS guidance and are managing costs and capital with discipline so DTE can continue investing for the future to benefit our customers." This earnings announcement and presentation slides are available at dteenergy.com/investors. The company will conduct a conference call to discuss earnings results at 9:00 a.m. ET. Investors, the news media and the public may listen to a live internet broadcast of the call at dteenergy.com/investors. The telephone dial-in number in the U.S. and Canada toll free is: (888) 510-2008. The telephone dial-in USA and international toll is: +1 (646) 960-0306 and the Canada dial-in toll is: (289) 514-5035. The passcode is 4987588. The webcast will be archived on the DTE website at dteenergy.com/investors. About DTE Energy DTE Energy (NYSE:DTE) is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide. Its operating units include an electric company serving 2.3 million customers in Southeast Michigan and a natural gas company serving 1.4 million customers across Michigan. The DTE portfolio also includes energy businesses focused on custom energy solutions, renewable energy generation, and energy marketing and trading. DTE has continued to accelerate its carbon reduction goals to meet aggressive targets and is committed to serving with its energy through volunteerism, education and employment initiatives, philanthropy, emission reductions and economic progress. Information about DTE is available at dteenergy.com, empoweringmichigan.com, x.com/DTE_Energy and facebook.com/dteenergy. Use of Operating Earnings Information - DTE Energy management believes that operating earnings provide a meaningful representation of the company's earnings from ongoing operations and uses operating earnings as the primary performance measurement for external communications with analysts and investors. Internally, DTE Energy uses operating earnings to measure performance against budget and to report to the Board of Directors. Operating earnings is a non-GAAP measure and should be viewed as a supplement and not a substitute for reported earnings, which represents the company's net income and the most comparable GAAP measure. In this release, DTE Energy discusses 2026 operating earnings guidance. It is likely that certain items that impact the company's 2026 reported results will be excluded from operating results. Reconciliations to the comparable 2026 reported earnings guidance are not provided because it is not possible to provide a reliable forecast of specific line items (i.e. future non-recurring items, certain mark-to-market adjustments and discontinued operations). These items may fluctuate significantly from period to period and may have a significant impact on reported earnings. The information contained herein is as of the date of this document. DTE Energy expressly disclaims any current intention to update any information contained in this document as a result of new information or future events or developments. Certain information presented herein includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 with respect to the financial condition, results of operations, and businesses of DTE Energy. Words such as "anticipate," "believe," "expect," "may," "could," "projected," "aspiration," "plans" and "goals" signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to numerous assumptions, risks and uncertainties that may cause actual future results to be materially different from those contemplated, projected, estimated or budgeted. Many factors may impact forward-looking statements including, but not limited to, the following: the impact of regulation by the EPA, EGLE, the FERC, the MPSC, the NRC, and for DTE Energy, the CFTC and CARB, as well as other applicable governmental proceedings and regulations, including any associated impact on rate structures; the amount and timing of cost recovery allowed as a result of regulatory proceedings, related appeals, or new legislation, including legislative amendments and retail access programs; economic conditions and population changes in DTE Energy's geographic area resulting in changes in demand, customer conservation, and thefts of electricity and, for DTE Energy, natural gas; the operational failure of electric or gas distribution systems or infrastructure; impact of volatility in prices in international steel markets and in prices of environmental attributes generated from renewable natural gas investments on the operations of DTE Vantage; the risk of a major safety incident; environmental issues, laws, regulations, and the increasing costs of remediation and compliance, including actual and potential new federal and state requirements; the cost of protecting assets and customer data against, or damage due to, cyber incidents and terrorism; health, safety, financial, environmental, and regulatory risks associated with ownership and operation of nuclear facilities; volatility in commodity markets, deviations in weather and related risks impacting the results of DTE Energy's energy trading operations; changes in the cost and availability of coal and other raw materials, purchased power, and natural gas; advances in technology that produce power, store power or reduce or increase power consumption; changes in the financial condition of significant customers and strategic partners; the potential for losses on investments, including nuclear decommissioning trust and benefit plan assets and the related increases in future expense and contributions; access to capital markets and the results of other financing efforts which can be affected by credit agency ratings; instability in capital markets which could impact availability of short and long-term financing; impacts of inflation, tariffs, and the timing and extent of changes in interest rates; the level of borrowings; the potential for increased costs or delays in completion of significant capital projects; changes in, and application of, federal, state, and local tax laws and their interpretations, including the Internal Revenue Code, regulations, rulings, court proceedings, and audits; the effects of weather and other natural phenomena, including climate change, on operations and sales to customers, and purchases from suppliers; unplanned outages at our generation plants; employee relations and the impact of collective bargaining agreements; the availability, cost, coverage, and terms of insurance and stability of insurance providers; cost reduction efforts and the maximization of generation and distribution system performance; the effects of competition; changes in and application of accounting standards and financial reporting regulations; changes in federal or state laws and their interpretation with respect to regulation, energy policy, and other business issues; successful execution of new business development and future growth plans; contract disputes, binding arbitration, litigation, and related appeals; the ability of the electric and gas utilities to achieve goals for carbon emission reductions; and the risks discussed in DTE Energy's public filings with the Securities and Exchange Commission. New factors emerge from time to time. We cannot predict what factors may arise or how such factors may cause results to differ materially from those contained in any forward-looking statement. Any forward-looking statements speak only as of the date on which such statements are made. We undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of unanticipated events. View original content to download multimedia:https://www.prnewswire.com/news-releases/dte-energy-reports-second-quarter-2026-accomplishments-investments-and-earnings-302836353.html

DTE Energy Company DTE is scheduled to release second-quarter 2026 results on July 28, before market open. The company delivered a negative earnings surprise of 1.52% in the last reported quarter.Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results. Continued investments in grid modernization, electric distribution infrastructure and reliability enhancement projects are likely to have strengthened DTE Energy’s operational performance during the second quarter. Ongoing capital deployment aimed at improving grid resilience and system reliability is expected to support the company’s overall results.Growing electricity demand from large commercial and industrial customers, particularly data center projects, is likely to have supported DTE Energy’s top-line performance in the to-be-reported quarter. Progress in Oracle’s and Google’s data center developments, along with an expanding pipeline of additional hyperscale opportunities, is expected to have reinforced the company’s long-term growth prospects.Constructive regulatory initiatives, including ongoing electric rate proceedings and infrastructure investment recovery mechanisms, are likely to have supported DTE Energy’s earnings performance. Continued rate-base expansion and disciplined capital investments are expected to contribute positively to the company’s second-quarter results.Higher interest expenses and financing costs associated with funding DTE Energy’s long-term capital investment program are likely to have offset some of the positives in the second quarter. DTE Energy Company price-eps-surprise | DTE Energy Company Quote The Zacks Consensus Estimate for DTE’s second-quarter sales is $3.49 billion, which indicates an increase of 2.2% from the year-ago number.The consensus estimate for earnings is pegged at $1.14 per share, which implies a decline of 16.2% from the prior-year quarter’s figure.The consensus estimate for total electric sales is pegged at 12.808.7 thousand MWh, which implies an increase of 1.1% from the prior-year quarter’s figure. Our proven model does not conclusively predict an earnings beat for DTE Energy this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy), or 3 (Hold) increases the odds of an earnings beat, which is not the case here as seen below.Earnings ESP: The company’s Earnings ESP is 0.00%. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.Zacks Rank: The company currently carries a Zacks Rank of 3. Investors may consider the following players from the same industry, as these have the right combination of elements to post an earnings beat this reporting cycle.Ameren AEE is slated to report its second-quarter 2026 results on July 30, after market close. It has an Earnings ESP of +0.19% and a Zacks Rank of 2 at present.AEE’s long-term (three to five years) earnings growth rate is 7.7%. The Zacks Consensus Estimate for earnings is pegged at $1.08 per share, which suggests a year-over-year rise of 6.9%.Edison International EIX is slated to report its second-quarter 2026 results on July 30, after market close. It has an Earnings ESP of +4.66% and a Zacks Rank of 2 at present.EIX’s long-term earnings growth rate is 2.1%. The Zacks Consensus Estimate for earnings stands at $1.02 per share, which suggests a year-over-year rise of 5.2%.The Southern Company SO is scheduled to report its second-quarter 2026 results on July 30, before market open. It has an Earnings ESP of +1.16% and a Zacks Rank of 3 at present.SO’s long-term earnings growth rate is 11.1%. The Zacks Consensus Estimate for earnings stands at $1.01 per share, which implies a year-over-year increase of 11%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report DTE Energy Company (DTE) : Free Stock Analysis Report Ameren Corporation (AEE) : Free Stock Analysis Report Southern Company (The) (SO) : Free Stock Analysis Report Edison International (EIX) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

The market expects WEC Energy Group (WEC) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on July 29, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. This electricity and natural gas provider is expected to post quarterly earnings of $0.81 per share in its upcoming report, which represents a year-over-year change of +6.6%. Revenues are expected to be $2.07 billion, up 3.1% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 5.26% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). For WEC Energy, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -0.83%. On the other hand, the stock currently carries a Zacks Rank of #4. So, this combination makes it difficult to conclusively predict that WEC Energy will beat the consensus EPS estimate. While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that WEC Energy would post earnings of $2.33 per share when it actually produced earnings of $2.45, delivering a surprise of +5.15%. Over the last four quarters, the company has beaten consensus EPS estimates four times. An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. WEC Energy doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. DTE Energy (DTE), another stock in the Zacks Utility - Electric Power industry, is expected to report earnings per share of $1.14 for the quarter ended June 2026. This estimate points to a year-over-year change of -16.2%. Revenues for the quarter are expected to be $3.51 billion, up 2.7% from the year-ago quarter. Over the last 30 days, the consensus EPS estimate for DTE Energy has been revised 4.7% up to the current level. Nevertheless, the company now has an Earnings ESP of 0.00%, reflecting an equal Most Accurate Estimate. This Earnings ESP, combined with its Zacks Rank #3 (Hold), makes it difficult to conclusively predict that DTE Energy will beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates two times. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report WEC Energy Group, Inc. (WEC) : Free Stock Analysis Report DTE Energy Company (DTE) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research