DT Midstream, Inc. (DTM) Tops Q4 EPS by 32c, offers outlook

DT Midstream, Inc. (NYSE: DTM) reported Q4 EPS of $1.24, $0.32 better than the analyst estimate of $0.92.

Slater noted the following significant business updates:

Increased 2024 Adjusted EBITDA guidance range to $930 to $980 million
Provided 2025 Adjusted EBITDA early outlook range of $980 million to $1.04 billion, representing 6% annual growth from 2024
Increased dividend by 7% from fourth quarter 2023 to $0.735 per share, to be paid on April 15, 2024 to stockholders of record on March 18, 2024

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

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