DT Midstream (NYSE: DTM) has set the date for the release of its third quarter financial results on Tuesday 29th October 2024, before market open. Investors and analysts will have a chance to analyze the company's performance during the quarter.
Wall Street financial experts are forecasting that the business will announce an expected $0.93 profit per share for the quarter. Moreover, the firm is anticipated to disclose a total revenue of $240.5 million for this specific period.
Wall Street analysts have shared their forecasts for the company's annual performance, predicting a total revenue of $977.47 million. Additionally, they expect the company to post profit of $3.9 per share for the fiscal year.
Examining the corresponding quarter from the previous year, the company's earnings report unveiled a income of $0.94 per share. This number was attributed to the company's total revenue, which settled at an impressive $234 million during the same period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.98 | +5.4% | 244.00 M | +8.9% |
| Q1 2024 | $0.99 | +17.9% | 240.00 M | +9.1% |
| Q4 2023 | $1.24 | +33.3% | 244.00 M | +0.4% |
| Q3 2023 | $0.94 | +4.4% | 234.00 M | -0.4% |
| Q2 2023 | $0.93 | +16.3% | 224.00 M | -1.3% |
| *Growth on year-over-year basis | ||||
DTM has scheduled a conference call on 29th October 2024 at 09:00 AM eastern time to discuss the third quarter financial results and other related information.
Friday's trading saw DT Midstream (DTM) shares hit a low of $86.84 and a high of $88.21, with a day volume of 507.90 thousand shares. The stock closed the regular trading session at $87.39, marking 0.64 percent drop.
