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

DT Midstream

01/05/2025 02:18

DT Midstream Inc DTM.N reported quarterly adjusted earnings of $1.06​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 99 cents.  The mean expectation of nine analysts for the quarter was for earnings of $1.09 per share. Wall Street expected results to range from $1.01  to $1.18 per share.

Revenue rose 26.3% to $303.00 million from a year ago; analysts expected $290.21 million.

DT Midstream Inc's reported EPS for the quarter was $1.06​.

The company reported quarterly net income of $108 million.

DT Midstream Inc shares had risen by 2.1% this quarter and lost 0.9% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 1.7% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 6 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the oil & gas transportation services peer group is also "buy"

Wall Street's median 12-month price target for DT Midstream Inc is $105.00

This summary was machine generated from LSEG data May 1 at 01:18 a.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
Mar. 31 2025
1.09
1.06
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