DT Midstream Inc reports results for the quarter ended in September - Earnings Summary

DT Midstream

28/10/2022 17:05

* DT Midstream Inc  DTM.N  reported quarterly adjusted
earnings of
90 cents​​ per share for the quarter ended in September. The
mean expectation of five analysts for the quarter was
for earnings of 87 cents per share.
    * Revenue rose 10.8% to $235.00 million from a year ago;
analysts
expected $227.05 million. 
    * DT Midstream Inc's reported EPS for the quarter was
$1.16​.
    * The mean earnings estimate of analysts had fallen by
about 5.2%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * DT Midstream Inc shares had risen by 9.8% this quarter and
gained 18.7% so far this year.
    * The company reported quarterly net income of $113 million.
    * Wall Street's median 12-month price target for DT
Midstream Inc
is $63.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data October
28 at 04:05 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.87           0.90           Beat
 Jun. 30 2022      0.87           0.80           Missed
 Mar. 31 2022      0.89           0.84           Missed
 Dec. 31 2021      0.84           0.89           Beat