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

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

DT Midstream Reports Strong Fourth Quarter 2022 Results; Raises 2023 Adjusted EBITDA Guidance

February 16, 2023 7:30 AM EST

Delivered 2022 results exceeding the high end of guidanceIncreased 2023 Adjusted EBITDA guidanceProvided 2024 Adjusted EBITDA early outlookIncreased dividend by 8%

DETROIT, Feb. 16, 2023 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) today announced fourth quarter 2022 reported net income of $85 million, or $0.88 per diluted share. For the fourth quarter of 2022, Operating Earnings were $91 million, or $0.93 per diluted share. Adjusted EBITDA for the quarter was $227 million.

Reconciliations of Operating Earnings... More