Plains All American Pipeline LP expected to post earnings of 24  cents a share - Earnings Preview

Plains All American Pipeline LP

02/08/2023 19:32

* Plains All American Pipeline LP  PAA.OQ   PAA.O  is
expected
to show a fall in quarterly revenue when it reports  results on
August 4. 
    * The Houston Texas-based  company is expected to report  a
6.9% decrease in revenue to $15.238 billion from $16.36 billion
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Plains All American
Pipeline LP is for earnings of 24 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 7
"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 Plains All
American Pipeline LP is $16​, above​ its last closing price
of $14.71. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.35        0.36       0.41      Beat    15.3
 Dec. 31 2023  0.32        0.34       0.33      Missed  -3.3
 Sep. 30 2022  0.27        0.26       0.33      Beat    25.7​
 Jun. 30 2022  0.24        0.20       0.30      Beat    49.5
 ​​Mar.        0.32        0.32       0.31      Missed  -3.2
 31 2022                                                
 Dec. 31 2021  0.27        0.27       0.25      Missed  -6.9​
 Sep. 30 2021  0.22        0.22       0.22      Met     1.6
 Jun. 30 2021  0.23        0.22       0.23      Beat    2.4
 This summary was machine generated August 2 at 18:32 GMT.  All
figures in US dollars  unless otherwise stated