Utilities
Utilities - Regulated Electric
$25.18B
9.9K
Key insights and themes extracted from this filing
Net income attributable to DTE Energy Company increased to $322 million for the three months ended June 30, 2024, compared to $201 million for the same period in 2023. This increase is also reflected in the diluted earnings per common share, which rose from $0.97 to $1.55.
DTE Electric's net income rose to $278 million for the three months ended June 30, 2024, compared to $179 million for the same period in 2023. This increase is attributable to higher utility operating income.
Utility operations revenue increased to $1.879 billion for the three months ended June 30, 2024, compared to $1.617 billion for the same period in 2023. This increase is driven by higher revenue in the Electric segment.