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Article: DTE Energy Reports Third Quarter 2009 Results; Maintains Updated 2009 Earnings Guidance.(Financial report)
- Article from:
- Energy Weekly News
- Article date:
- November 13, 2009
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DTE Energy (NYSE:DTE) reported third quarter 2009 earnings of $158 million, or $0.96 per diluted share, compared with $177 million, or $1.08 per diluted share, in the third quarter of 2008.
Operating earnings for the third quarter 2009 were $157 million, or $0.95 per diluted share, compared with third quarter 2008 operating earnings of $173 million, or $1.06 per diluted share. Operating earnings exclude non-recurring items, certain timing-related items and discontinued operations. Reconciliations of reported earnings to operating earnings are at the end of this news release.
Reported earnings for the nine months ended Sept. 30, 2009, were $419 million or ...