Monday, October 19, 2009
DTE Energy Increases 2009 Earnings Outlook
By Wallace Witkowski
MarketWatch Pulse
SAN FRANCISCO -- DTE Energy Co. said Monday it raised its 2009 earnings outlook because of cost reductions and strong non-utility operations. The utilities company increased its 2009 profit outlook to a range of $3.20 to $3.40 a share, up from $2.75 to $3.05 a share. Analysts surveyed by FactSet Research estimate 2009 earnings of $2.89 a share.
Copyright © 2009 MarketWatch, Inc.
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