DTE Energy's second quarter operating EPS of $1.32 beats estimates while confirming its $36.5B capital plan.

DTE reported second quarter 2026 operating earnings of $1.32 per share, declining from $1.36 in the prior year but significantly beating analyst estimates. The company reaffirmed its full-year guidance and highlighted progress on its large-scale capital investments driven by data center demand.

Key Highlights

• Operating earnings per share of $1.32 beat consensus estimates of $1.13 by 16.8%.
• Full-year 2026 operating EPS guidance was reaffirmed at $7.59 to $7.73, with management noting the company is positioned to achieve the high end of the range.
• The five-year, $36.5 billion capital investment plan was confirmed, driven by data center load growth, with a 1.0 GW Google data center contract submitted for approval which represents upside to the current plan.