DT Midstream Inc reports results for the quarter ended December 31 - Earnings Summary

DT Midstream

26/02/2025 20:46

DT Midstream Inc DTM.N reported quarterly adjusted earnings of 73 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $1.24.  The mean expectation of eight analysts for the quarter was for earnings of 89 cents per share. Wall Street expected results to range from 82 cents to 96 cents per share.

Revenue rose 2% to $249.00 million from a year ago; analysts expected $254.35 million.

DT Midstream Inc's reported EPS for the quarter was 73 cents​.

The company reported quarterly net income of $73 million.

DT Midstream Inc shares had fallen by 3.7% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 9% in the last three months.​

In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 7 "hold" and 2 "sell" or "strong sell."

The average consensus recommendation for the oil & gas transportation services peer group is also "hold"

Wall Street's median 12-month price target for DT Midstream Inc is $106.00

This summary was machine generated from LSEG data February 26 at 08:46 p.m. UTC. ​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)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Dec. 31 2024
0.89
0.73
Missed
Sep. 30 2024
0.93
0.90
Missed
Jun. 30 2024
0.92
0.98
Beat
Mar. 31 2024
0.95
0.99
Beat