DT Midstream, Inc. (DTM)

DT Midstream's adjusted EPS missed consensus in the second fiscal quarter of 2026, with results reported July 30, as revenue rose 11% to about $343 million from $309 million a year ago. Gross profit came in at roughly $253 million, keeping gross margin near 74%, while operating income reached about $173 million and operating margin held around 50%. Adjusted EPS was $1.09 versus the $1.17 estimate, about -7%, and it was up 5% from $1.04 a year earlier; net income increased 8% to about $116 million from $107 million. Operating cash flow totaled about $207 million, and the company paid about $89 million in dividends. Consensus for the next period calls for EPS of $1.16.