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

DT Midstream

26/07/2024 15:49

* DT Midstream Inc  DTM.N   DTM  is expected to show a rise
in
quarterly revenue when it reports  results on July 30 for the
period ending June 30 2024
    * The Detroit Michigan-based  company is expected to report
a
5.8% increase in revenue to $236.943 million from $224 million a
year ago, according to the mean estimate from 3 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," 6
"hold" and 2 "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 $68.36​, below​ its last closing price of $74.30. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.96        0.95       0.99      Beat    4.5
 Dec. 31 2024  0.93        0.92       1.24      Beat    34.4
 Sep. 30 2023  0.90                   0.94              4.2​
 Jun. 30 2023  0.87        0.88       0.93      Beat    5.5
 ​​Mar.        0.92        0.93       0.84      Missed  -10
 31 2023                                                
 Dec. 31 2022  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
 This summary was machine generated July 26 at 14:49 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)