Summit Midstream Corp reports results for the quarter ended June 30 - Earnings Summary

Summit Midstream

10/08/2026 22:59

Summit Midstream Corp SMC.N reported quarterly adjusted earnings of 32 cents​​ per share for the quarter ended June 30.  The mean expectation of two analysts for the quarter was for a loss of 36 cents per share. Wall Street expected results to range from -37 cents to -34 cents per share.
Revenue was $155.01 million​; analysts expected $169.00 million. 
Summit Midstream Corp's reported EPS for the quarter was 11 cents​.
The company reported quarterly net income of $4.57 million.
Summit Midstream Corp shares had risen by 6.6% this quarter and gained 13.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 3.9% in the last three months.​ 
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "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 Summit Midstream Corp is $44.00, about 27.6% above its last closing price of $31.84
This summary was machine generated from LSEG data August 10 at 09:59 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
Jun. 30 2026 
-0.36
0.32
Beat
Mar. 31 2026 
-0.49
-0.43
Beat
Dec. 31 2025 
0.00
-0.66
Missed