DT Midstream, Inc. (DTM) Misses Q4 EPS by 4c

DT Midstream, Inc. (NYSE: DTM) reported Q4 EPS of $0.93, $0.04 worse than the analyst estimate of $0.97.

Business updates:

• Increased 2023 Adjusted EBITDA guidance range to $880 to $920 million
• Provided 2024 Adjusted EBITDA early outlook range of $920 to $970 million, representing 9% annual growth from our original guidance for 2022
• Increased dividend by 8% from fourth quarter 2022 to $0.69 per share, to be paid on April 15, 2023 to stockholders of record on March 20, 2023

For earnings history and earnings-related data on DT Midstream, Inc. (DTM) click here.

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