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DT Midstream (DTM) Q2 Earnings and Revenues Surpass Estimates
DT MidstreamDT Midstream(US:DTM) ZACKSยท2025-07-31 21:45

Company Performance - DT Midstream reported quarterly earnings of $1.04 per share, exceeding the Zacks Consensus Estimate of $0.98 per share, and showing an increase from $0.98 per share a year ago, representing an earnings surprise of +6.12% [1] - The company posted revenues of $309 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 3.34%, compared to year-ago revenues of $244 million [2] - Over the last four quarters, DT Midstream has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] Future Outlook - The immediate price movement of DT Midstream's stock will depend on management's commentary during the earnings call and the earnings outlook for the coming quarters [3][4] - The current consensus EPS estimate for the upcoming quarter is $1.09 on revenues of $308.72 million, and for the current fiscal year, it is $4.19 on revenues of $1.24 billion [7] - The estimate revisions trend for DT Midstream was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Oil and Gas - Integrated - United States industry, to which DT Midstream belongs, is currently in the bottom 16% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact investor decisions [5]