Plains All American Pipeline LP expected to post earnings of 36  cents a share - Earnings Preview

Plains All American Pipeline LP

03/05/2023 17:30

* Plains All American Pipeline LP  PAA.OQ   PAA.O  is
expected
to show a rise in quarterly revenue when it reports  results on
May 5. 
    * The Houston Texas-based  company is expected to report  a
12.0% increase in revenue to $15.34 billion from $13.69 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 36 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 8.6%
in the last three months. ​
    * Wall Street's median 12-month price target for Plains All
American Pipeline LP is $15​, above​ its last closing price
of $12.42. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  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. 31 2022  0.32        0.32       0.31      Missed  -3.2
 ​​Dec.        0.27        0.27       0.25      Missed  -6.9
 31 2021                                                
 Sep. 30 2021  0.22        0.22       0.22      Met     1.6​
 Jun. 30 2021  0.23        0.22       0.23      Beat    2.4
 Mar. 31 2021  0.25        0.25       0.51      Beat    106.4
 This summary was machine generated May 3 at 16:30 GMT.  All
figures in US dollars  unless otherwise stated