DT Midstream Inc expected to post earnings of 88  cents a share - Earnings Preview

DT Midstream

28/07/2023 16:59

* DT Midstream Inc  DTM.N   DTM  is expected to show a rise
in
quarterly revenue when it reports  results on August 1. 
    * The Detroit Michigan-based  company is expected to report 
a
6.8% increase in revenue to $242.5 million from $227 million a
year ago, according to the mean estimate from 2 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for DT Midstream Inc is
for
earnings of 88 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for DT
Midstream Inc
is $57​, above​ its last closing price of $52.36. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.92        0.93       0.84      Missed  -10
 Dec. 31 2023  1.01        1.00       0.93      Missed  -6.6
 Sep. 30 2022  0.87        0.87       0.90      Beat    3.1​
 Jun. 30 2022  0.88        0.87       0.80      Missed  -8.5
 ​​Mar.        0.89        0.89       0.84      Missed  -5.6
 31 2022                                                
 Dec. 31 2021  0.84        0.84       0.89      Beat    6.4​
 Sep. 30 2021  0.80        0.79       0.77      Missed  -2.5
 Jun. 30 2021  0.76        0.76       0.70      Missed  -7.9
 This summary was machine generated July 28 at 15:59 GMT.  All
figures in US dollars  unless otherwise stated