Pembina Pipeline Corp expected to post earnings of 72 cents a share - Earnings Preview

Pembina Pipeline

02/11/2024 04:04

* Pembina Pipeline Corp  PPL.TO   is expected to show a fall
in
quarterly revenue when it reports  results on November 5 for the
period ending September 30 2024
    * The Calgary Alberta-based  company is expected to report a
12.9% decrease in revenue to $1.997 billion from $2.29 billion a
year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for Pembina Pipeline Corp is
for
earnings of 72 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Pembina
Pipeline
Corp is C$61.00​, above​ its last closing price of C$58.07. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  1.26        1.26       1.64      Beat    29.7
 Mar. 31 2024  1.85        1.78       0.79      Missed  -55.7
 Jan. 1 0001   1.36        1.34       1.60      Beat    19.8​
 Sep. 30 2023  1.18        1.15       1.17      Beat    1.4
 ​​Jan.        1.01        1.06       1.08      Beat    2.2
 1 0001                                                 
 Jan. 1 0001   1.10        1.07       0.83      Missed  -22.7​
 Dec. 31 2022  1.29        1.26       1.63      Beat    29.2
 Jan. 1 0001   1.04        1.06       1.38      Beat    30.3
 This summary was machine generated November 2 at 04:03 GMT.  All
figures in Canadian dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)