DT Midstream Inc expected to post earnings of 95 cents a share - Earnings Preview

DT Midstream

26/04/2024 14:12

* DT Midstream Inc  DTM.N   DTM  is expected to show a rise
in
quarterly revenue when it reports  results on April 30 for the
period ending March 31 2024
    * The Detroit Michigan-based  company is expected to report
a
10.4% increase in revenue to $242.954 million from $220 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 95 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 5
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 1.1%
in the last three months. ​
    * Wall Street's median 12-month price target for DT
Midstream Inc
is $62.00​, below​ its last closing price of $64.59. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.93        0.92       1.24      Beat    34.4
 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.        1.01        1.00       0.93      Missed  -6.6
 31 2022                                                
 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. 31 2022  0.89        0.89       0.84      Missed  -5.6
 This summary was machine generated April 26 at 13:12 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)