DT Midstream Revised 2024 Guidance for Adj. EBITDA To $950M-$980M (From $930M-$980M)
Portfolio Pulse from Benzinga Newsdesk
DT Midstream has revised its 2024 guidance for adjusted EBITDA to a range of $950 million to $980 million, up from the previous range of $930 million to $980 million.
October 29, 2024 | 11:06 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
DT Midstream has increased the lower end of its 2024 adjusted EBITDA guidance from $930 million to $950 million, indicating a positive outlook for the company's financial performance.
The revision of the adjusted EBITDA guidance to a higher range suggests improved financial expectations for DT Midstream. This is likely to be viewed positively by investors, potentially leading to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100