Dominion Energy Midstream Partners LP (NYSE:DM) is set to post its quarterly earnings results before the market opens on Monday, October 30th. Analysts expect Dominion Energy Midstream Partners to post earnings of $0.33 per share for the quarter.

Dominion Energy Midstream Partners (NYSE:DM) last posted its quarterly earnings results on Wednesday, August 2nd. The pipeline company reported $0.31 earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.04). The business had revenue of $115.70 million during the quarter, compared to the consensus estimate of $130.04 million. Dominion Energy Midstream Partners had a return on equity of 8.27% and a net margin of 27.31%. The business’s revenue for the quarter was up 35.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.28 earnings per share. On average, analysts expect Dominion Energy Midstream Partners to post $1.28 EPS for the current fiscal year and $1.44 EPS for the next fiscal year.

Shares of Dominion Energy Midstream Partners LP (DM) opened at 32.40 on Monday. The company has a market capitalization of $3.21 billion, a P/E ratio of 23.91 and a beta of 1.70. The firm has a 50-day moving average of $31.36 and a 200 day moving average of $29.45. Dominion Energy Midstream Partners LP has a 1-year low of $23.20 and a 1-year high of $34.85.

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Several research firms have recently issued reports on DM. BidaskClub upgraded shares of Dominion Energy Midstream Partners from a “strong sell” rating to a “sell” rating in a report on Saturday, August 12th. Zacks Investment Research lowered shares of Dominion Energy Midstream Partners from a “hold” rating to a “strong sell” rating in a report on Friday, August 4th. TheStreet upgraded shares of Dominion Energy Midstream Partners from a “c” rating to a “b” rating in a report on Monday, October 16th. Scotiabank set a $35.00 target price on shares of Dominion Energy Midstream Partners and gave the stock a “buy” rating in a report on Saturday, July 22nd. Finally, Morgan Stanley lowered shares of Dominion Energy Midstream Partners from an “overweight” rating to an “underweight” rating and raised their target price for the stock from $32.00 to $33.00 in a report on Thursday, September 28th. They noted that the move was a valuation call. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and seven have given a buy rating to the stock. Dominion Energy Midstream Partners presently has a consensus rating of “Buy” and a consensus target price of $34.44.

About Dominion Energy Midstream Partners

Dominion Energy Midstream Partners, LP, formerly Dominion Midstream Partners, LP, is a limited partnership. The Company is formed to grow a portfolio of natural gas terminaling, processing, storage, transportation and related assets. The Company’s segments include Dominion Energy, which consists of gas transportation, liquefied natural gas (LNG) import and storage, and Corporate and Other.

Earnings History for Dominion Energy Midstream Partners (NYSE:DM)

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