DTE Energy Posts Lower Q1 Earnings, Reaffirms 2026 Outlook

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DTE Energy reported lower Q1 2026 earnings, with diluted EPS falling to $1.19 from $2.14 year-over-year, and operating earnings also decreased. Despite this, the company invested over $1.2 billion in utilities and is on track for $6 billion in 2026 spending on grid reliability, clean energy, and gas safety. DTE also reaffirmed its 2026 operating EPS guidance of $7.59 to $7.73, supported by a significant deal to power Google’s data center and $400 million in electric distribution upgrades.

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