DT Midstream Inc expected to post earnings of 92 cents a share - Earnings Preview

DT Midstream

14/02/2024 13:41

* DT Midstream Inc  DTM.N   DTM  is expected to show a fall
in
quarterly revenue when it reports  results on February 16 for
the period ending December 31 2023
    * The Detroit Michigan-based  company is expected to report
a
3.5% decrease in revenue to $234.452 million from $243 million a
year ago, according to the mean estimate from 5 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for DT Midstream Inc is for
earnings of 92 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"hold" and 3 "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 $58.00​, above​ its last closing price of $51.83. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.90        0.90       0.94      Beat    4.2
 Jun. 30 2023  0.87        0.88       0.93      Beat    5.5
 Mar. 31 2023  0.92        0.93       0.84      Missed  -10​
 Dec. 31 2022  1.01        1.00       0.93      Missed  -6.6
 ​​Sep.        0.87        0.87       0.90      Beat    3.1
 30 2022                                                
 Jun. 30 2022  0.88        0.87       0.80      Missed  -8.5​
 Mar. 31 2022  0.89        0.89       0.84      Missed  -5.6
 Dec. 31 2021  0.84        0.84       0.89      Beat    6.4
 This summary was machine generated February 14 at 13:41 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)